Despite reaching an all-time high of 112,000 USD, Bitcoin holders are not realizing profits as expected. With profits at 104,000 BTC (about 11 billion USD), significantly below the 350,000 BTC threshold from past highs, the market sentiment remains cautious as investors hold their positions.
The current trend indicates potential consolidation around 104,000 USD, yet there are indications that Bitcoin may challenge the 110,000 USD level again. Investor activity reflects a notable drop in profit realization, with both whales and retail investors exhibiting lower selling pressure.
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