Bitcoin Whales Drop BTC Longs in New Bull Signal
Bitcoin whales are aggressively reducing BTC long exposure, a historical signal preceding significant price rallies.Summary
Bitcoin whales, considered "smart money," are aggressively closing out their BTC long positions on exchanges like Bitfinex, a pattern that has historically preceded major upward price movements. Analyst MartyParty noted that a similar unwind in early 2025 followed a peak at $74k. Using Wyckoff analysis, this reduction in longs, following a recent price dip, suggests a "spring" bottom is forming, which could ignite a rally targeting $135k+ from current consolidation near $91.5k. Concurrently, on-chain data shows that overall whale holdings have decreased by over 200,000 BTC over the past year while smaller investors have increased exposure, indicating a maturing market cycle where ownership is becoming more distributed.
(Source：Cointelegraph)