CoinEagle
  • NEWS
    • Crypto
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • NFT
    • AI
    • DeFi
    • Metaverse
  • ANALYSIS
  • MARKET
    • CryptocurrenciesLIVE
    • ExchangesTRADE
    • Top Crypto Gainers
  • LEARN
    • Crypto Glossary
JOIN CRYPTO CLUB
No Result
View All Result
bitcoinBTC/USD
$ 105,345.9 3.86%
ethereumETH/USD
$ 2,443.0 8.45%
Market Cap:
$3.26 T
24h Volume:
$151.36 B
Dominance:
64.45%
CoinEagle
  • NEWS
    • Crypto
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • NFT
    • AI
    • DeFi
    • Metaverse
  • ANALYSIS
  • MARKET
    • CryptocurrenciesLIVE
    • ExchangesTRADE
    • Top Crypto Gainers
  • LEARN
    • Crypto Glossary
No Result
View All Result
CoinEagle
No Result
View All Result
Home Crypto

Major Bitcoin Whales Pull 110K BTC: Setting Stage for Next Record High?

Nearing an All-Time High? Bitcoin Whales Increase Holdings While Retail Investors Hold Back

Max Porter by Max PorterVerified Author
May 11, 2025
2 min. read
Major Bitcoin Whales Pull 110K BTC: Setting Stage for Next Record High?

Key Points

  • Whales have withdrawn 110,000 BTC in the last 30 days, indicating aggressive accumulation and potential upward momentum.
  • Traders have positioned $496M in longs near $102.8K and $319M in shorts at $104.8K.

In the past month, whales have withdrawn 110,000 BTC, signaling a period of aggressive accumulation and potential upward momentum. This activity coincides with traders heavily positioning themselves at key levels, with $496M in longs near $102.8K and $319M in shorts at $104.8K.

Whale Activity and Accumulation

Bitcoin [BTC], the world’s largest cryptocurrency, has influenced the overall cryptocurrency market with its recent recovery. This surge seems to be largely driven by whale activity across both spot and derivative markets. Since Bitcoin’s downturn, whales and industry giants have capitalized on the opportunity to buy the dip.

Data on Bitcoin exchange reserves over the past 30 days reveals that whales have withdrawn over 110,000 BTC during this period. This significant withdrawal indicates potential accumulation and could create buying pressure, leading to a further upside rally. Moreover, whales have continued their accumulation, adding another 20,000 BTC to their wallets within 48 hours.

Retail Participation and Trader Sentiment

Conversely, retail investors have largely been absent during this period, often offloading their holdings due to panic. On-chain analysts suggest that retail investors typically return near market tops, not during recoveries or corrections. Despite Bitcoin trading just 5% below its previous peak, retail participation has remained muted.

On-chain analytics tool Coinglass reveals that traders are aligning with the current market sentiment. They are currently overleveraged at the $102,819 level on the lower side and $104,871 on the upper side. At these levels, traders have built $496.55 million worth of long positions and $319.26 million worth of short positions. This indicates that bulls are currently dominating the market, hoping that the Bitcoin price won’t fall below the $102,819 support level.

Bitcoin Price Action and Technical Analysis

According to technical analysis, Bitcoin appears bullish and is poised for a new high. The daily chart reveals that the asset is heading toward the key resistance level of $106,800. If this upward momentum continues and the price breaks through this resistance, there is a strong possibility that Bitcoin could experience a notable surge and potentially reach a new all-time high.

Bitcoin’s Relative Strength Index (RSI) is currently at 74, indicating that the asset is in overbought territory. This suggests a strong possibility of a price correction until the RSI moves out of the overbought zone.

Tags: Bitcoin (BTC)

Related Articles

Metaplanet Outshines Coinbase: Stocks Surge Following $117M Bitcoin Purchase

Metaplanet Outshines Coinbase: Stocks Surge Following $117M Bitcoin Purchase

June 16, 2025
The Gambling Game of Shorting Bitcoin at its Zenith: Unpacking the Risks!

The Gambling Game of Shorting Bitcoin at its Zenith: Unpacking the Risks!

June 16, 2025
Bitcoin news, Crypto News
Facebook Instagram Youtube Telegram Tiktok Linkedin Medium Pinterest Tumblr

OPPORTUNITIES

  • NUMERIS CLUB
  • NUMERIS CLUB

NEWS

  • Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • AI
  • DeFi
  • Metaverse
  • Crypto
  • Bitcoin
  • Ethereum
  • NFT
  • AI
  • DeFi
  • Metaverse

MARKET

  • Top 100 cryptocurrencies
  • Top 100 crypto exchanges
  • Top Crypto Gainers
  • Top 100 cryptocurrencies
  • Top 100 crypto exchanges
  • Top Crypto Gainers

LEARN

  • Crypto Glossary
  • Crypto Glossary

COMPANY

  • Advertise
  • Contact
  • Advertise
  • Contact
© 2009 – 2024 coineagle

Disclaimer: By using this website, you agree to the Terms and Conditions. CoinEagle has no affiliation or relationship with any coin, business, project, or event, unless otherwise specified. None of the information you’ve read on CoinEagle.com should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before making any investment decision. CoinEagle is not responsible, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection with the use or reliance on any content you have read on the site.

  • Terms & Conditions
  • Cookie Policy
  • Privacy Policy
No Result
View All Result
  • News
    • Bitcoin (BTC)
    • Crypto
    • NFT
    • Metaverse
    • AI
  • Analysis
  • Learn
    • Dictionary
  • Market
    • Top 100 Cryptocurrencies
    • Top 50 Exchanges
    • Top Crypto Gainers Today
  • Company
    • Contact

© 2009 - 2024 CoinEagle.com

We use cookies to offer you a better browsing experience.Continuing to use our site consents to use of cookies.Cookie Policy