Bitcoin is currently facing its largest selling pressure since the collapse of Three Arrows Capital in 2022, with whale investors offloading BTC at a rate nine times higher than the average. However, Bitcoin has remained resilient, maintaining a price near $100,000, which analysts believe could indicate seller exhaustion. Upcoming economic events, such as U.S. inflation data and Federal Reserve Chair Jerome Powell's testimony, could also contribute to significant volatility in the crypto market. Despite the selling pressure, MicroStrategy continues to accumulate Bitcoin aggressively, reflecting strong institutional confidence in its long-term potential. The selling wave is not expected to be as catastrophic as the previous collapse, but analysts warn that high whale activity could trigger sharp price swings. The recent price fluctuations are attributed to various macroeconomic events and market sentiment, rather than fundamentals. As of press time, Bitcoin is priced at $97,449.43 with a market cap of $1.93 trillion.



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