Bitcoin whales are playing it cool as BTC flirts with the $100,000 mark. Despite a significant inflow of Bitcoin into exchanges, there's no immediate sell-off pressure, says CryptoQuant's Onat Tütüncüler. Whales seem to be in a "wait-and-see" mode, with the Adjusted Spent Output Profit Ratio not indicating major profit-taking yet.

Bitcoin's dominance is slipping, down 5.54% since late November. Currently trading at $95,809, traders are skeptical about BTC hitting $100,000 by the end of 2024. While some believe $110,000 is inevitable, the timeline remains uncertain.