#BTCBackto100K
Bitcoin has surged past $103,000, pushing 99% of holders into profit territory.
Only 0.996% of wallet addresses remain underwater — a clear indicator of strong market fundamentals.
But here's where it gets interesting:
• One aggressive whale holding a 40x long from $94K is currently sitting on an unrealized $2.8M gain
• Despite the breakout, large holders with 1,000+ BTC aren't rushing in above $100K
• The lack of significant whale accumulation points to measured optimism
• They're staying on the sidelines, waiting for stronger confirmation before diving in
The big players are still observing. The next move could set the tone.