$BTC

The 4.27% drop in Bitcoin over 24 hours is explained by profit-taking from long-term investors, significant movements from large holders ("whales"), and a technical correction in a cautious market.

1. $3.5 billion in profit-taking by long-term holders, a record since May 2025

2. Transfer of 40,000 BTC by a whale to Galaxy Digital and exchanges, a sign of selling risk

3. Overbought RSI (76) and failure to break the $117,000 resistance triggered a technical correction...