Bitcoin: Despite 10% retail dip, whales could lead BTC to 111,000 USD – how?

Retail investor demand for Bitcoin has decreased by 10%, as indicated by falling BTC transfers of 0–10,000 USD. This trend suggests waning confidence among smaller investors during current market conditions.

In contrast, whale activity has surged with over 45,420 BTC transferred, amounting to about 4.88 billion USD. This signals significant potential price movements, with BTC nearing a breakout zone around 111,897 USD.

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