What does the Bible say about Jesus being a ransom for many?

In Mark 10:45, Jesus explicitly states, 'For even the Son of Man came not to be ministered unto, but to minister, and to give his life a ransom for many.' This declaration encapsulates the reality that His sacrificial death was specifically intended for a particular group of people, the elect, rather than for all humanity indiscriminately. This point reinforces the theological concept of limited atonement within the framework of sovereign grace, which asserts that Christ's atoning sacrifice effectively secured the salvation of those for whom it was intended.