刚刚，全线跳水！16万人爆仓！

Core Viewpoint - The cryptocurrency market is experiencing a significant downturn, with Bitcoin dropping to $93,778.6, erasing all gains made this year. Other cryptocurrencies like Ethereum, Cardano, and FIL also saw declines [1]. Group 1: Market Analysis - The ongoing decline in the cryptocurrency market is attributed to a withdrawal of funds, marking the beginning of a fragile period for the market. Major investment funds, ETFs, and corporate treasury departments have retreated from Bitcoin, removing key support that fueled this year's rebound [2]. - Sentiment analysis indicates a sharp increase in negative discussions surrounding Bitcoin, Ethereum, and XRP, with the positive-to-negative sentiment ratio dropping significantly, reflecting a prevailing negative sentiment in the market [2]. Group 2: Long-term Holder Behavior - Long-term holders are increasingly selling off their Bitcoin holdings, contributing to the market's decline. In the past 30 days, long-term holders have sold approximately 815,000 Bitcoins, marking the highest selling activity since early 2024 [3][4]. - Notably, "whales" (individuals holding over 1,000 Bitcoins) and long-term holders have been selling at a rate exceeding 1,000 Bitcoins per hour. This selling behavior is characterized by a continuous and staggered distribution rather than a sudden coordinated sell-off [4]. - Many early holders view the $100,000 mark as a psychological threshold for profit-taking, which has led to accelerated selling since Bitcoin first surpassed this level in December 2024 [4].