Bitcoin has retraced to 108,900 dollars, reflecting a 0.6 percent decline in the last day. This downturn follows a substantial withdrawal where a crypto whale removed over 130.68 million dollars of Bitcoin from Binance. According to Coinglass data, these price movements resulted in significant losses, with over 26 million dollars lost from long traders and 19 million from short positions during the trading day. Such fluctuations underscore the market’s sensitivity to large-scale movements by significant holders.