The current selling pressure mainly comes from Coinbase. At around 10 o'clock this morning, 4,950 BTC were transferred to Coinbase, which means that this wave has pushed BTC to around $115,000; and just one hour ago, another 3,169 BTC were transferred in. Currently, the data of Glassnode is only updated here. If there is no new large transfer in the future, then $115,000 is about right; if there is more, it is estimated that it will continue to fall. This article is sponsored by #Bitget | @Bitget_zh