TechFlow news, according to CoinDesk, the current Bitcoin price is around $98,000, falling below the 2025 average exchange withdrawal price of $100,356. Data from Glassnode shows that over 2.6 million bitcoins are now in loss, one of the highest levels so far this year.
Analyst Van Straten noted that if Bitcoin remains below the average withdrawal price for an extended period, it could trigger sustained selling and intensify downward pressure. Historical data indicates this price level typically acts as a key support zone. For example, during the August 2024 yen carry trade unwind, Bitcoin briefly dropped to $49,000 but recovered above the support level within days. Similarly, during the 2023 Silicon Valley Bank crisis, the realized price of $20,000 provided critical support multiple times.
