Bitcoin Whales Shift from Selling to Buying, Signaling Potential Bullish Momentum Ahead

Whale Accumulation Resumes After a Month of Selling, Possibly Setting the Stage for a Rally

For the past month, Bitcoin’s (BTC) market has been under consistent selling pressure from whales. Binance, one of the world’s largest crypto exchanges, plays a critical role in shaping market liquidity and price discovery.

On-chain data reveals a significant shift as large holders transition from net selling to accumulation once again. The monthly percentage change in whale holdings has turned positive, indicating a potential inflection point.

If this accumulation trend persists, it could pave the way for renewed bullish momentum in the market.

Bitcoin Whale Activity: Selling Pressure to Accumulation

For over a month, Binance’s data reflected sustained Bitcoin inflows primarily from large holders. Historically, such inflows indicate selling pressure as whales move BTC to exchanges for potential distribution.

However, fluctuations in these inflows suggest that selling may be transitioning to strategic accumulation. The latest figures confirm this shift, with Binance inflows now exhibiting signs of fresh accumulation among larger holders.

Additionally, the rise in inflows from younger coins suggests renewed confidence, while increased whale deposits indicate a shift away from distribution. With the monthly percentage change in whale holdings now positive, this may signal a turning point in market sentiment.

Whales Are Back!

After the longest phase of net reduction in whale holdings in a year, accumulation has resumed. Large holders are increasing their positions, reversing the earlier downtrend. This indicates that whales might be preparing for the next phase of the market cycle, where continued buying pressure could trigger widespread bullish sentiment.

However, it remains uncertain whether this trend will be sustained or is merely short-term repositioning.

Bitcoin: Will Accumulation Drive a Rally?

Despite renewed whale accumulation, Bitcoin’s price action remains uncertain. At press time, BTC is trading at $88,227, down 1.92%, as the market adjusts to this shift.

Currently, the RSI stands at 43.43, indicating weak momentum without clear oversold conditions. Although selling pressure appears to be easing, buyers have yet to dominate. OBV remains negative, reflecting low demand.

Continued accumulation may alleviate liquidity constraints and support a stronger price recovery. A breakout above $90,000 would signal a bullish reversal, while failing to hold current levels could lead to further declines. Bitcoin’s price trajectory depends on whether whales continue to accumulate or revert to profit-taking.

Whales Take the Lead as Retail Stays Cautious

The market is witnessing a clear divergence: retail investors remain sidelined, while whales and institutional players drive the narrative. On-chain data indicates that smaller holders have not significantly increased their positions, highlighting persistent caution. In contrast, whales are accumulating, shifting market dynamics in their favor.

Will fresh accumulation be enough to offset past distribution? If institutional players continue buying, Bitcoin could establish strong support, fueling a sustained rally. Macro-economic conditions, regulatory changes, and overall sentiment will play a crucial role in determining Bitcoin’s trend. If retail demand returns alongside growing institutional interest, BTC may regain upward momentum; however, renewed whale offloading could trigger another wave of selling, potentially hindering the recovery.