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Bitcoin Slumps from $93,000 Peak as Long-Term Holders Cash Out $3 Billion

In Brief BTC has slipped from its peak of $93,495 as long-term holders cash out over $3 billion, marking the largest sell-off in 5 months. Market indicators signal potential correction, with BTC’s MVRV ratio at 182.06%, hinting the coin may be overvalued. If selling continues, the next support level near $83,983 looms, though renewed demand…
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