Bitcoin is currently trading around $112,000 after showing modest upward momentum but still experiencing sharp intraday swings, reflecting its highly volatile nature. Institutional investors and whales have been accumulating large amounts, suggesting long-term confidence, while leveraged liquidations exceeding $1.5 billion in recent sessions highlight the fragility of short-term sentiment. On-chain data shows long-term holders remain steady, which helps cushion sell-offs, though the reactivation of decade-old dormant wallets has raised speculation about potential large moves. Researchers note