Bitcoin recently dipped over 5.6% to $92,774, with data pointing to long-term holders, or "hodlers," as the main sellers rather than institutional investors or ETFs. Despite the sell-off, ETFs have absorbed much of the pressure, indicating strong institutional demand. This correction follows Bitcoin's record-breaking surge past $99,000 and might be a healthy pause before potentially reaching $100,000. Analysts note that the crypto market's leverage remains high, suggesting a need for caution as Bitcoin approaches new milestones.