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Arsal Rehman
$BTC
Today's Market
In the past two days, a tangible wave of selling pressure has been observed on-chain... The selling pressure comes from short-term traders taking profits... (Those short-term traders who entered at 60k and 63k) (Figure 1)
Realized profits reached nearly 1 billion in one day, about 1.5 billion over two days...
This scale has already exceeded the profit-taking scale during the previous rebounds at 98k and 83k...
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