Data: Bitcoin Whale has sold more than 40,000 BTC this week, worth about $4.30 billion

Bitcoin Whale has sold more than 40,000 BTC worth about $4.30 billion this week; the market selling pressure intensified as the price approached $110,000. The on-chain Liveliness indicator shows that long-term holders (LTH) are shifting their positions, and the bearish sentiment in the bitcoin market is heating up.