From Cointelegraph

May 28, 2025 5:32:00 am:

Bitcoin whales are increasing their BTC holdings as the price remains below all-time highs. Analysis suggests a potential bounce level around $94,000 in case of a market correction. Large-volume traders are shaping short-term price movements, with positive signals for future trajectory. Whales are accumulating above $100k, with $112,000 as a key liquidity level.

One whale trader, James Wynn, is actively trading long and short BTC positions with leverage. His trades have become a market signal, accusing others of attempting to liquidate him through price manipulation. Wynn’s latest 40X leveraged long position is at a $3.4 million unrealized loss as of May 28.

Overall, the market is showing signs of consolidation and potential correction, with support expected around the 21-week moving average at $94,000. Whales are accumulating Bitcoin above $100k, while large-volume traders are adding to their exposure. Wynn’s trading activities continue to attract attention, highlighting the ongoing liquidity games in the BTC market.

Read more at Cointelegraph.com

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