Bitcoin Drops: Long-term Holders Profit, New Investors Sell
Update: 2025-12-16
Description
Bitcoin experiences a significant drop, reaching $85,800, driven by both new and long-term investors. Unrealized losses for recent buyers are at a high, potentially signaling a shift in the bull market. However, long-term holders, or whales, are still profiting. The risk of a major sell-off increases if Bitcoin falls below key price levels for recent buyers. Short-term holders are accumulating Bitcoin, while long-term holders are selling off some of their holdings.
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