On February 12th, according to Intotheblock, 1.6 million Addresses accumulated 1.57 million BTC at an average price of $97,200, forming a resistance level. As these holders are currently at a loss, they may choose to sell near the breakeven point, adding selling pressure in market uncertainty and making it more difficult for BTC to break through.
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On February 12th, according to Intotheblock, 1.6 million Addresses accumulated 1.57 million BTC at an average price of $97,200, forming a resistance level. As these holders are currently at a loss, they may choose to sell near the breakeven point, adding selling pressure in market uncertainty and making it more difficult for BTC to break through.