BTC whale holdings cause the price to drop below $69,000, a similar situation in 2022 lasted for 7 months

BTC-4,14%

PANews February 10 News, according to OnChain monitoring, during the recent market decline, the BTC price has fallen below the realized price for whales holding between 100 and 1,000 BTC (approximately $7 million to $70 million). Current data shows this realized price is $69,000. Notably, the last time a similar situation occurred after reaching a historical high was in June 2022, when BTC’s price remained below the realized price for about seven months.

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