Bitcoin Whale Holdings Hit 5 Month High At 3.09M BTC

Bitcoin whales, specifically those holding between 1,000 and 10,000 BTC, have significantly increased their holdings over the past five months, reaching a total of 3.09 million BTC. This level of accumulation is comparable to what was observed before Bitcoin's 18% pullback in November 2025. Long-term holders (LTHs) are also steadily accumulating, with their balances reaching 14.57 million BTC, while institutional investors have added approximately 92,900 BTC in the last month. This increased demand from large players is tightening the available Bitcoin supply. Despite a potential short-term double top pattern near $79,400 suggesting a move towards liquidity at $73,700-$74,700, the derivatives market's deeply negative funding rates could lead to a short squeeze. Analysts suggest that holding above key levels could still lead to upside targets of $85,000-$88,000, with a move above $80,000 invalidating the double-top signal and indicating bullish momentum.

(Source：Cointelegraph)