From Cointelegraph
May 23, 2025 3:15:00 pm:

Short-term Bitcoin holders have realized $11.6 billion in profit, signaling a potential market slowdown. Technical indicators show cooling momentum as retail sentiment drops to a 90-day low. Bitcoin hit a new all-time high of $111,800 but profit-taking by short-term holders may lead to a market “breather.” Bitcoin open interest dropped by $1.2 billion as BTC fell below $110,000 due to Trump’s tariff announcement. Despite the sell-off, Bitcoin rebounded above $109,000, with speculators seeing buying opportunities during corrections.

Read more at Cointelegraph: Bitcoin price ‘breather’ expected as short-term traders realize $11.6B in profit