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📊 Bitcoin’s Consolidation Might Take Time — Don’t Get Shaken Out! After a whale offloaded 80K BTC via Galaxy Digital, the Net Realized Profit/Loss metric spiked to $3.2B but has now cooled to $1.4B—still high for a strong breakout. Despite selling pressure, the market continues to absorb incoming supply with minimal price reaction. However, this redistribution phase could drag on before momentum returns. Bears are trying to drag BTC to $110K via futures, but the spot market's resilience suggests this battle isn’t over. Patience is key!
Community: Crypto Magazine
Posted: 2025-08-01T00:54:44.000Z
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