BITCOIN WHALE WATCH: Institutional Accumulation Reinforces $100,000 Support

Despite a sharp market correction that saw Bitcoin (BTC) briefly dip below $100,000, large holders are quietly accumulating, signaling renewed confidence that contrasts sharply with retail panic and significant institutional outflows from ETFs.

I. Key Accumulation Metrics

Whale buying activity suggests that long-term holders believe the market’s structural uptrend remains intact: Key Accumulation Metric: Wallets holding between 1,000 and 10,000 BTC (considered whales) have entered a major accumulation phase.Amount of BTC Bought: These whale wallets added approximately 29,600 BTC in the last seven days, marking the first significant accumulation since late September. This absorption rate is roughly four times the weekly mining supply.Market Context: This accumulation occurs even as over $2 billion flowed out of US spot Bitcoin ETFs and the market saw over $1 billion in leveraged positions liquidated, confirming a divergence between “smart money” and retail sentiment.

II. Main Driver of the Rebound and Price Target

The accumulation itself is acting as the primary stabilizing factor, reinforcing a critical psychological price level: Main Driver of the Rebound: The aggressive buying by large entities is tightening the liquid supply of Bitcoin on exchanges and reinforcing the $100,000 support zone. Historically, divergence where large holders buy during periods of “Extreme Fear” (as indicated by the Fear & Greed Index) has often marked the end of corrections.Price Target for Sustained Recovery: If the whale accumulation continues, it is expected to form the base for a medium-term recovery, targeting a range of $115,000–$120,000.

III. Conclusion

The recent price drop has created a liquidity vacuum that Bitcoin whales are actively exploiting. By absorbing nearly 30,000 BTC in a week, these large holders are overriding short-term panic and buttressing the critical $100,000 support level. This “smart money” accumulation suggests that a medium-term recovery is likely, with the next sustained price target sitting between $115,000 and $120,000 if this buying trend persists.

IV. Disclaimer

This article is for informational purposes only and is based on third-party analyst commentary and on-chain metrics. It should not be considered financial, investment, or trading advice. The cryptocurrency market is highly volatile and speculative. Readers must conduct their own thorough research and consult with a qualified financial professional before making any investment decisions.