85,000-dollar giant whale crazily buys 400,000 BTC! Next stop 100,000 or a pullback? Key signals fully analyzed
Brothers, on-chain data has revealed major events again! Just in the range of 84,000 to 85,000 dollars, a mysterious giant whale actually bought 400,000 BTC — this is not just data shuffled by exchanges, but real money scooping up the bottom!
1. Chip distribution hides secrets
Currently, BTC has two "high-pressure zones": 94,000-98,000 (historical fair price range) and 101,000-118,000 (short-term player cost zone).
In simple terms, if the price rushes up to these levels, it will encounter a lot of selling pressure, like climbing a mountain and suddenly facing a snowstorm halfway up.
Interestingly, a thick wall of chips has suddenly formed near 85,000 below. What does this indicate? The whales believe this price point is "cheap", and they go crazy buying when it drops. For example, during last week's big drop, a large holder bought 5,000 BTC in one go, comparable to a hungry tiger pouncing on its prey!
2. What should players do now?
My view is very clear: 85,000 has become a new defense line, and there's no need to scare yourself if it drops below. But to break the 100,000 mark, two conditions must be met:
Trading volume must continuously increase (for example, breaking 50 billion dollars in a single day)
U.S. stocks must not drag behind (especially tech stocks need to hold steady)
In terms of specific operations, brothers with heavy positions can reduce their holdings in batches in the 94,000-98,000 range, leaving some bullets for when the direction is clear; those with light positions can gradually lay out when it pulls back to below 86,000, just don't chase the high.
3. Where are the hidden opportunities?
The fact that the giant whale dares to buy at this position is definitely not a rash decision. I suspect there are two possibilities: one is that institutions are stocking up for a spot ETF, and the other is betting on next year's interest rate cut cycle. Especially, BlackRock's ETF holdings increased by another 12,000 this week $BTC , indicating that large funds are still quietly entering the market.
Many people haven't noticed that this time the giant whale's bottom-fishing strategy is exactly the same as when the Federal Reserve bailed out banks in March 2023! Want to know which price point they are targeting next? Tonight in the village, I will combine on-chain data to reveal the operational traces of three major whale wallets! #加密市场反弹
