Bitcoin Drops 3% To $95,500: What Is Going On?

Bitcoin (CRYPTO: BTC) is trading around $95,500, down 3.4% over the past 24 hours, as on-chain data and whale activity suggest predictions of an imminent bear market lack substantial evidence.  

What Happened:  Ki Young Ju, founder of CryptoQuant, pointed out in a post on X on Dec. 26 that whale accumulation, once market-moving news, has now become a routine phenomenon.

This indicates a market dominated by institutional players, while retail investors remain hesitant.

A $7 billion weekly capital inflow confirms Bitcoin is in a bull cycle, not a bubble.

A true bubble—marked by a market price far exceeding capital inflows—would spark warnings of a cyclical top, which analysts have yet to issue.

Brief corrections …

Full story available on Benzinga.com