๐จ #bitcoin Hits $123K โ $3.5B in Profits Cashed Out by Miners and #whales
$BTC 's surge to a new high triggered major selling from miners and early whales, including a 40K BTC dump by a Satoshi-era wallet.
๐ Price dipped to $118K โ but only 4%, showing strong buyer demand
๐ช Miners offloaded 16K BTC to cover costs
๐ Long-term holders locked in $1.96B in gains
Despite the sell-off, bullish momentum holds:
โ Institutional demand rising
โ Pro-crypto US laws gaining traction
โ Strong support at $118K
Healthy correction or setup for the next breakout? ๐
