Bitcoin Whale Accumulation Signals Potential Market Bottom Above $80K

Bitcoin Whale Activity and Market Sentiment Point to $80K as Key Support Level

Bitcoin Whale – Bitcoin (BTC) has shown resilience in the face of recent volatility, with the cryptocurrency holding steady above the $80,000 mark. On-chain data from CryptoQuant suggests that Bitcoin whales are aggressively accumulating, while smaller investors have been panic-selling, possibly signaling that the bottom could be near.

Bitcoin Whales Absorb Sell-Side Pressure

At the time of writing, the data shows a sharp increase in the balance of Bitcoin whales holding between 1k–10k BTC, an indicator that these large holders are absorbing the sell-side liquidity. This accumulation is providing much-needed support, preventing a deeper market correction. In addition, the Spent Output Profit Ratio (SOPR) remains below 1, suggesting that short-term holders (STHs) with positions older than 155 days have been realizing losses, which further hints at potential market weakness if these holders capitulate.

$407 Billion Sell-Off Risk Looms Over Market

According to AMBCrypto’s analysis, there is approximately $407 billion in potential sell-off risk from short-term holders, who bought Bitcoin at an average price of $95,138. With Bitcoin currently trading at $83,000, these holders could face significant losses if they decide to sell. If this large pool of BTC holders capitulates, it could lead to increased sell pressure. However, Bitcoin whales are still accumulating, which could provide a buffer and stabilize prices.

Bitcoin’s Path to Confirming the Bottom

Historically, Bitcoin whales have been key in absorbing sell-side pressure at market bottoms. A similar pattern was observed in the 2020 cycle, where BTC broke above $10k for the first time and initiated the “breakout cycle.” There are currently no signs of large whales distributing their holdings, and they continue to accumulate, increasing the likelihood that the $80,000 level may hold as a strong support zone. With U.S. buy orders still robust and Bitcoin exchange reserves decreasing, Bitcoin may be on the verge of confirming the bottom, with the market stabilizing in the near future.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.