🚀 Bitcoin Rollercoaster: Whales in Action! 🐋

Bitcoin's price took a dive below $95,000 after struggling to break the $98,000 barrier. The culprit? Large BTC whales have been moving hefty amounts to Binance, possibly cashing in on profits. These crypto giants are known for shaking up the market with their massive trades, and their recent moves have analysts on high alert.

🔍 On-chain data reveals a whale who amassed over 11,657 BTC since March, now depositing 1,000 BTC to Binance. Despite the dip, BTC's strong support at $96,175 remains a beacon of hope for bullish investors.

📈 No need to panic yet! According to Glassnode, the relative unrealized profit metric is at 0.74, below the danger zone, suggesting there's still room for BTC to soar. Keep those eyes peeled as we navigate these thrilling crypto waters! 🌊