Bitcoin's price remains volatile, hovering around $107,000, as OG wallets have sold over 21,300 BTC, valued at $2.25 billion. This significant sell-off has shifted control to short-term traders and whales, contributing to increased price fluctuations. The market is closely watching for a potential uptrend confirmation if Bitcoin surpasses $111,999, a 3.5% increase from current levels. Long-term holders are reducing their positions, while active traders and whales are stepping in, leading to sharp price movements. The market's stability hinges on breaking key resistance levels.
Bitcoin Volatility Surges as OG Wallets Offload $2.25 Billion BTC
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