Bitcoin is seeing its weakest performance in a year, with an expected gain of just over 2% for June 2025. Despite positive trends in U.S. spot ETF inflows totaling $3.9 billion in recent weeks, whale selling is creating market uncertainty. Data from Glassnode shows that while smaller holders and entities with 10 to 10,000 BTC are engaging in opportunistic trading, larger entities holding 10,000 BTC or more are leaning towards selling. This trend indicates a mixed market sentiment, as accumulation has fluctuated between buying and selling. The overall market appears to have entered another consolidation phase following significant profit-taking. Glassnode reports realized profits have risen to $650 billion in this cycle, emphasizing a market cooldown. Analysts suggest that this ongoing consolidation period could stabilize before the next upward movement, with holders reportedly waiting for clearer market signals.

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