OG Whales Sell $286M, But BTC Bulls Still Aim For $100K

Bitcoin whale activity spiked on January 10th, with 'OG whales' (those dormant for over seven years) moving $286 million worth of BTC, the largest such spike since November 2025. Analysts suggest this is strategic profit-taking rather than panic selling, as onchain data shows long-term holder distribution has slowed significantly, and accumulator addresses continue to amass BTC. Technically, Bitcoin's 5-day MACD has flipped bullish, a signal that previously preceded massive rallies. However, traders caution that near-term pullbacks toward $86,000–$87,000 are possible. If demand holds and liquidity sweeps below $89,000 are absorbed, bulls maintain a path toward testing the $100,000 psychological level.

(Source：Cointelegraph)