Guys, Bitcoin kept climbing today, but I noticed a group of whales quietly heading for the exits. Something about this picture feels a little off.
According to data from alicharts cited by Odaily, whales’ holdings fell by about 8,162 BTC over the past 24 hours, worth roughly $664 million, with around $156 million in profits realized. Yet Bitcoin also rose more than 1% that same day, climbing to around $81,000.
It’s like housing prices have just started to recover, but the biggest homeowner in the neighborhood suddenly puts their place up for sale. It doesn’t mean prices are about to crash, but you can’t help feeling a jolt: Do they need the cash, or do they think this is a good enough price?
My take is: don’t automatically treat whale selling as bearish, but don’t ignore it either. The key level is around $81,000, where nearly 1 million BTC have changed hands in the past. If the price breaks below that, watch $77,000 and then $67,000. It would take a move above $84,500 to signal a stronger trend. The counterpoint is that prices are still rising despite the selling pressure, which shows there are plenty of buyers stepping in.
Have you ever been torn like this? When you see whales selling, do you trim your position a little for peace of mind, or hold firm and wait for a clearer direction? Looking back, did you regret selling too early—or holding on too long?
These are just my personal views and do not constitute investment advice.
$BTC #比特币 #Whales
According to data from alicharts cited by Odaily, whales’ holdings fell by about 8,162 BTC over the past 24 hours, worth roughly $664 million, with around $156 million in profits realized. Yet Bitcoin also rose more than 1% that same day, climbing to around $81,000.
It’s like housing prices have just started to recover, but the biggest homeowner in the neighborhood suddenly puts their place up for sale. It doesn’t mean prices are about to crash, but you can’t help feeling a jolt: Do they need the cash, or do they think this is a good enough price?
My take is: don’t automatically treat whale selling as bearish, but don’t ignore it either. The key level is around $81,000, where nearly 1 million BTC have changed hands in the past. If the price breaks below that, watch $77,000 and then $67,000. It would take a move above $84,500 to signal a stronger trend. The counterpoint is that prices are still rising despite the selling pressure, which shows there are plenty of buyers stepping in.
Have you ever been torn like this? When you see whales selling, do you trim your position a little for peace of mind, or hold firm and wait for a clearer direction? Looking back, did you regret selling too early—or holding on too long?
These are just my personal views and do not constitute investment advice.
$BTC #比特币 #Whales