Bitcoin has dropped $40,000 from its peak in October due to whales panic-selling from $126,000 to $84,000, causing a 32% decline. New whale cohorts stopped selling, while long-term holders remained steady, suggesting a potential price floor. Predictions show a low chance of Bitcoin hitting $95,000 by 2025. Traders expect consolidation over fireworks.
Read more at Yahoo Finance: The Real Reason Bitcoin Dropped Like A Stone From Its $126,000 All-Time High
