Bitcoin selling at $95K is ‘profit-taking pressure test’ but BTC whales are still buying
Bitcoin is experiencing selling pressure around the $95,000 mark as short-term traders take profits following a recent downturn after the US GDP data revealed a contraction of -0.3% in Q1 2025. Despite these pressures, larger BTC holders, or whales, continue to accumulate Bitcoin, while smaller holders appear to be selling off their assets. The data indicates a significant spot volume delta drop of over $300 million in three days, which may lead to a potential short-term trend reversal. Recent inflation trends show mixed signals, with PCE inflation at 2.3%, indicating that while short-term risks persist, Bitcoin's long-term potential as a hedge remains intact. The current profit-taking scenario could be indicative of a critical market point, heightening the importance of monitoring ongoing selling trends among smaller holders who might be realizing gains.
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