Bitcoin Whales Offloading Between $115K and $125K: What's Next for the Market

The crypto scene is in a key moment as Bitcoin settles in the $115K to $125K range. On-chain insights reveal that whales are dumping huge amounts of BTC, ETF inflows are slowing down, and retail traders are stuck in tough spots. The big question on everyone’s mind: are we seeing distribution or accumulation? Whales are offloading in the $115K to $125K range. Recent on-chain data shows that wallets with 1,000 to 10,000 BTC sold off approximately 116,000 BTC in the last month, totaling nearly $13 billion. This is the biggest sell-off by whales we’ve seen since July 2022. Whales are playing it cool, moving the market sideways to offload without causing panic. Market makers are also selling in this range, trying to mask their moves on the charts. Without any strong new influx of funds, demand just can’t keep up with this selling pressure. The sideways trend is looking a lot like the Wyckoff distribution phase, where whales shed their supply to retail traders. Retail Traders Are Still in a Tight Spot A lot of retail positions are floating in the $117K to $122K range from the last three months. Many traders are sitting on slight losses but haven’t thrown in the towel just yet. There were some small panic sell-offs around $107K in early September, but nothing major happened. This creates a risky situation: retail traders are holding on, whales are selling off, and if support gives way, we could see a wave of liquidations. Are Altcoins Really Rallying or Just a Trap? While Bitcoin is stuck moving sideways, altcoins have been on a tear. This so-called "altcoin season" has got people hyped, but the signs might be pointing to a trap: Over 70% of altcoins are temporarily outperforming BTC. The biggest winners seem to be newly listed tokens driven by exchanges, with no real fundamentals behind them. High leverage in the altcoin space makes them pretty vulnerable. History shows that alt rallies often end in tears.

You made a lot of claims here without providing the data and most of them are based on what you call "on-chain data". But where is this data? Can you post some example transactions of what you think is a "whale selling bitcoin" and not a very common bitcoin transaction moving coins from one address to another.

If you think this same whales are selling fast, then try to also know the entry point they got into the market before going into the decision of selling, because I knew for sure, they wouldn't have been selling at losses if not in profit, just as it has been mentioned previously by pooya87 you should have provided with more information to buttress what you're trying to pass across.

You know most people are good in posting what they think they should conveyed to the people whom they think aren't educated or smart enough to understand how the market operates or how information are being carried across. Usually if you look from profile you would see he is random poster, I mean I new poster who is trying to gain attention without knowing that for one to be sure of what they are saying there be fact to backend the information they have distributed across the community. It could be the information shared by him is c+p.

Where did you get this stat from. It will be of everyone's best interest if information sources are referenced to avoid misleading people in a volatile asset as Bitcoin. I am not saying your analysis is wrong but to help forum members with a more precise information it is always best to reference the source of financial claims such as this. In a case where the whales are pushing price sideways in a close consolidated move entry points can be captured for restocking and piling up more coin with a view to capture the next profit margin.

Some people could easily start a post and say whales are selling at $120k- $125k without any proof or stats to back my claims up and expect people to swallow it hook, line and sinker. OP should understand that not everyone here jumps on any news and rolls with it without any fact check. If you have an information especially when values and amounts are involved it is mandatory to show something that backs your claim up.

Do you still want proof? This is a divine ability, don't worry, I knew when the market would fall and I will also tell you when it will rise.