24-hour reduction of approximately $664 million, Bitcoin whales' holdings decrease by 8,162 BTC

Odaily reports: According to alicharts monitoring, although Bitcoin rose over 1% today, it is still quite likely to experience another significant decline due to the impact of the FOMC meeting. Data shows that Bitcoin whale cohorts have recently realized approximately $156 million in profits, increasing potential selling pressure. Over the past 24 hours, whale holdings have decreased by approximately 8,162 BTC, worth about $664 million. alicharts states that this indicates large holders are reducing exposure ahead of the FOMC decision. Bitcoin's current key support level is near $81,000; according to URPD, nearly 1 million BTC were previously traded at this price level. If it breaks below, attention should then focus on $77,000 and $67,000. To turn bullish, Bitcoin needs to break above $84,500, where approximately 620,000 BTC were previously traded. In addition, recent FOMC meetings and Bitcoin price fluctuation patterns show that Bitcoin's volatility within the first hour after the meeting is usually less than 1%, with a clearer direction often emerging within the following 24 hours and typically persisting until a week later.