Bitcoin Whales Add 16,010 BTC as Profit Metric Recovers
Photo: Crypto Front News
Bitcoin whales increased holdings by 16,010 BTC in five days as the price fell from $87,000 toward $80,000. Analyst Ali Charts identifies $84,569 as key resistance, with potential upside targets at $89,000 and $94,000 if BTC breaks above it. Bitcoin’s long-term holder SOPR rose above its 1.10 yearly average, reaching 1.25 weekly and 1.16 monthly, indicating higher realized profits. Bitcoin whales accumulated 16,010 BTC during a five-day decline toward $80,000, while long-term holder profits recovered above their yearly average. Analyst Ali Charts identified $84,569 as the resistance level Bitcoin must clear before targeting $89,000 and $94,000.
Also reported by Live Bitcoin News.
Source: Crypto Front News
