$85B in Bitcoin losses pile up. Can BTC reclaim $94K?

$BTC is hovering in the $89k - $94k range, but the pressure is mounting as unrealized losses pile up across the network.

🔹 Bitcoin holder are sitting on $85 billion in unrealized losses part of a massive $350B crypto wide figure. This overhang increases the risk of panic selling if support break.

🔸 A whale deposited 2,000 BTC (~$180.3M) to Binance, realizing a $5 million loss. This aggressive de risking move signal a loss of confidence from smart money.

🔹 While exchange netflow show accumulation negative for 5 days, technical are conflicted. BTC reclaimed the short term EMA20 ($91,769), but remains bearish below the long term EMA (50/100/200).

Will short term momentum be enough to reclaim $94k, or will the $85B loss overhang force a drop below $90k?

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