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Wu Blockchain reports, according to CryptoQuant data, BTC has dropped about 7% from its recent high. The U.S. government-related BTC transfers have become a catalyst for this pullback, but the market was already vulnerable due to high unrealized profits. Since October 6, the balance of U.S. government-related addresses tracked by CryptoQuant has decreased by a total of 17,468 BTC (approximately $1.44 billion), leaving about 174,481 BTC remaining. Additionally, short-term holders have transferred 45,600 BTC to exchanges in the past 24 hours, with around 29,100 BTC in a loss, marking one of the largest loss-driven inflows since June. https://www.(wublock123.com)/news/us-government-btc-movement-pulls-back-profit-unrealized-high-69787