Bitcoin whales are reducing long exposure, signaling a potential price increase. Wyckoff-style analysis suggests a “spring” bottom before a reversal. Whale holdings dropped by 220,000 BTC in 2025. History shows whale actions can predict BTC price trends, with MartyParty pointing to past $74k stall. Using Wyckoff method, MartyParty predicts potential $135k+ target.

Data from TradingView reveals whale long positions dropping after hitting peak in December. Whales are considered “smart money” and their actions are closely monitored for clues. MartyParty notes that whale long closures precede BTC price upside. Wyckoff method suggests new uptrend starting with current consolidation near $91.5k.

Over the past year, whale holdings decreased by 200,000 BTC while smaller investors increased exposure. CryptoQuant sees shift from whale-driven accumulation to wider investor base as market cycle matures. This shift towards a more distributed ownership aligns with long-term stability and structural demand forces. CryptoQuant argued against claims of whale accumulation at $90k in January.

Read more at Cointelegraph: Bitcoin Whales Drop BTC Longs in New Bull Signal