Reasons for BTC price falling below $41650
1️⃣ Over the past 24 hours, more than 25,000 BTC have been transferred from cold wallets to exchanges.
2️⃣ The number of addresses that own BTC and are in unrealized profit at the annual maximum is 90%. A year ago this figure was 53%
3️⃣ Volatility led to the liquidation of more than $265 million in leveraged positions, of which $214 million was long positions
Also, the number of transactions in the Bitcoin network reached an ATH of 633 thousand transactions per day
