<ul><li>Bitcoin profit-taking is ongoing, but it could sustain the bull market according to Santiment research.</li><li>Market not affected by short-term speculation as coins are spending less time in wallets.</li><li>Hyperliquid's James Wynn lost $99 million as he could not profit from his long BTC position.</li><li>Despite profit-taking, Bitcoin is expected to have continued upside as indicated by falling MDIA metric.</li></ul>

Bitcoin bull market 'great validator' comes as James Wynn loses $100M

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