Stories By Subarna Biswas

  • By Subarna Biswas
  • 03.11.2025
  • 6 Min

Profit-Taking Wave Hits Bitcoin as Whales Trim Holdings

Bitcoin faces a profit-taking wave as whales trim 23,200 BTC (~$2.5B) in holdings, pushing prices below key technical levels. With institutional sentiment turning cautious and ETF flows fluctuating, BTC’s long-term outlook depends on holding the 200-day SMA near $109K.

Author

Subarna Biswas

Subarna Biswas

Subarna is a graduate of Mechanical Engineering. She loves cats, art, and crypto - in that order. She is a passionate writer and a voracious reader.