#Bitcoin Whales Reduce Holdings to a 6-Year Low – What It Means for $BTC
🚨 Large Bitcoin holders (whales) have reduced their BTC reserves to the lowest level since 2019.
Key Insights:
📉 #BTC price dropped 15% in the past month, coinciding with whale sell-offs.
📊 Despite this, market demand remains strong, with more $BTC being withdrawn from exchanges than deposited.
Why Are Whales Selling?
✔ Institutions may be covering operational costs.
✔ Large holders could be waiting for a better buying opportunity.
✔ More BTC distribution to retail investors increases decentralization.
What’s Next?
📌 The market is likely to consolidate as buyers absorb selling pressure without pushing prices higher. BTC remains stable despite whale movements.

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