Data: Bitcoin whales reduced their holdings by 8,162 BTC, a decrease of approximately 664 million USD in 24 hours

According to alicharts monitoring, although Bitcoin rose over 1% today, there is still a significant possibility of a noticeable decline due to the impact of the FOMC meeting. Data shows that Bitcoin whales have recently realized profits of about 156 million USD, increasing potential selling pressure. In the past 24 hours, the whale group has reduced its holdings by approximately 8,162 BTC, worth about 664 million USD.

alicharts indicates that this suggests large holders are reducing their exposure ahead of the FOMC decision. The current key support level for Bitcoin is close to 81,000 USD, with nearly 1 million BTC traded at this price level according to URPD; if it breaks below, the next levels to watch are 77,000 USD and 67,000 USD. To turn bullish, Bitcoin needs to break through 84,500 USD, where approximately 620,000 BTC were traded previously.

Additionally, recent patterns of the FOMC meeting and Bitcoin price fluctuations show that Bitcoin's volatility in the first hour after the meeting is usually less than 1%, with a clearer direction often emerging within the following 24 hours, and typically lasting until a week later.