A series of significant moves by prominent investors in the Bitcoin market have sent a wave of uncertainty through the cryptocurrency landscape. A notable example is Owen Gunden, a recognized early adopter of Bitcoin, who has sold off over $874 million worth of Bitcoin since October 21st. This action has been accompanied by another influential investor, 1011short, closing their long positions in Bitcoin and shifting focus to Ethereum. These transactions add fuel to the growing concerns about an impending sell-off in the Bitcoin market. The collective impact of these moves has contributed to a decline in Bitcoin’s price below $102,000. Experts are now debating whether this sell-off will hinder the anticipated rally towards the crucial $107,000 level or if it will lead to further downward pressure on the market.