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Bitcoin is undergoing a notable pullback, recently touching the $115,000 level after failing to break above its all-time high at $123,000. The correction, now nearing 6%, is starting to weigh on short-term investors who entered during the recent rally. Market sentiment shows signs of unease as volatility returns to the spotlight.
Adding to the pressure, top analyst Darkfost revealed that the Galaxy Digital-linked wallet address bc1q0phe…—associated with the so-called 80K BTC whale—has significantly ramped up its selling activity. This wallet, which recently received nearly 40,000 BTC, began offloading large amounts over the past few hours.
This sudden increase in supply comes at a time when market participants were looking for continuation
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