Bitcoin Whales Accumulate as Rally Hits Resistance

Published: 2026-09-25 01:05:47 |

Bitcoin whale accumulation has strengthened as the cryptocurrency rally approaches major resistance. Earlier data showed wallets holding at least 100 BTC added more than 39,154 BTC in one week, while wallets holding over 10,000 BTC accumulated 46,420 BTC over roughly 60 days. Retail wallets holding 0.1 to 1 BTC, however, continued taking profits and recorded an Accumulation Trend Score of -0.982. The latest Santiment data shows wallets holding 100 to 1,000 BTC added 113,950 BTC since 15 July. Their combined holdings rose 2.22% to about 5.24 million BTC. Buying continued during Bitcoin’s decline to $75,000 and after its recovery above $85,000. One whale also reportedly bought 536.93 BTC, taking its 20-day purchases to 2,460 BTC. Bitcoin recently climbed above $87,000 before falling to about $83,460, down 2.78% in 24 hours. Trading volume rose 27.2% to $47.4 billion. Technical indicators remain constructive, with Bitcoin above the $82,303 resistance level and a bullish 50-day/200-day EMA crossover. The key short-term test is the $88,000-$90,000 zone. A breakout could target $98,330, while rejection may lead to a retest of $82,300. The $80,500 365-day moving average and $73,836 support are deeper downside levels. Bitcoin whale accumulation supports the long-term bullish outlook, but traders should remain alert to a short-term correction after the roughly 40% rise from July’s low.

Bullish

The news is bullish for BTC because sustained whale accumulation reduces the amount of readily available supply and signals confidence among large holders. The latest increase to 113,950 BTC since 15 July is stronger than the earlier accumulation estimates, and buying continued during both a sharp decline and the subsequent recovery. This may provide longer-term support if whale demand persists. Short-term risks remain. Bitcoin has risen roughly 40% from July’s low, retail investors have been distributing, and the $88,000-$90,000 resistance zone could trigger profit-taking. A failure to break that area may send BTC back towards $82,300, with deeper support near $80,500 and $73,836. Conversely, a sustained breakout could attract momentum traders and open a path towards $98,330. Overall, on-chain accumulation, rising volume and the bullish EMA crossover outweigh the correction risk, but volatility is likely to remain elevated.