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Bitcoin continues to face strong pressure as new investors – a group often seen as 'weak players' – have sold off more than 148,000 BTC on November 14, mostly at a loss.

This happens right as the price of BTC drops from $107,500 to nearly $92,000, wiping out almost all of the year's gains and raising concerns about the market potentially dropping further below $90,000.
CryptoQuant reports that the sold BTC is held by individuals who have held it for less than a month, with an average purchase price of around $102,000–$107,000.