2026-01-11 12:25:27

The holding structure of large Bitcoin holders has shown a significant change. According to on-chain data, the whale accounts on platforms like Bitfinex reached a peak of nearly 73,000 BTC in December last year before gradually declining, with a total reduction of about 200,000 to 220,000 BTC since 2025. In contrast, the proportion of retail investor holdings has been steadily increasing.

From a graphical analysis perspective, this process closely resembles the typical characteristics of the Wyckoff accumulation phase—the consolidation zone caused by large holders reducing their positions, often preparing for a subsequent upward trend. Many market analysts believe that Bitcoin is expected to gradually move from the current consolidation area around $91,500 toward $135,000 and higher. Overall market sentiment remains cautiously optimistic.

BTC3,75%

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SatoshiSherpa

· 3h ago

Whales are running, are we the ones picking up the bag? I've seen this script before, does Wyckoff really work every time... Retail investors bottom-fishing is really the last romance of technical analysis haha Major holders reduce holdings by over 200,000 coins, and then claim it's accumulation? Why does this explanation sound so familiar? From 91,500 to 135,000, what are they betting on? Betting on the analyst's words? Whales escape, retail investors pick up the bag, this eternal cycle... Wyckoff is correct, but whether we can be cut this time is really uncertain.

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OfflineValidator

· 5h ago

Whales buying the dip and retail investors taking the hit—how many rounds has this routine played out? --- Wyckoff stuff... here we go again, every time it’s said, it just ends up sideways. --- Selling over 200,000 coins—are they really trying to push the price up or just trick retail investors into buying in? --- 135k? First, hold the 91,500 line, and then talk. Don’t do anything fake. --- An increase in retail investor share signals danger—wake up. --- It’s another accumulation phase. The last time they said it was accumulation, look what happened—price dropped through the floor. --- Whales reducing holdings is a signal? That interpretation has some issues. --- Cautiously optimistic means no confidence. If you’re not confident, don’t call for 135k. --- They’re reducing 200,000 coins but still claim the price will rise—that logic doesn’t make much sense to me. --- Whales fleeing, retail investors taking the hit—that’s basic operation, right?

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SatsStacking

· 01-13 02:46

Large investors run away, retail investors take over, I've seen this script too many times Whales are digging pits, and we're filling them, just like that in a cycle Wyckoff accumulation? Sounds very professional, but basically it's just the market manipulators shaking out their positions 135k? Let's believe it first, anyway I'm still dollar-cost averaging Over 200,000 tokens have been sold, how many people does that hurt? But from the data, retail investors are still buying aggressively, is this a good thing?

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WalletDoomsDay

· 01-11 12:55

Whales are selling off, retail investors are buying in, is this the Wyckoff method? That's hilarious.

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PumpStrategist

· 01-11 12:53

Large holders have reduced their holdings by around 200,000 coins, are retail investors buying in? I've seen this script before, just Wyckoff tactics. The problem is, are the chips really dispersed or are they just waiting for a pump to lure more buyers? The pattern has formed, but what about the trading volume? Where is the breakout with increased volume? Going from 91,500 to 135,000 sounds good, but the question is, who is taking the buy-in? Where does the figure of 200,000 BTC fleeing come from? Is the whale account on Bitfinex really reducing holdings or just transferring funds? That's a very interesting level. The rise in retail holdings share? Just listen, this is just a "share increase" after a wave of selling, don’t take it seriously. I also want to see 135K, but this cautious optimism often signals the prelude to a pump and dump.

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AirdropHunter007

· 01-11 12:48

Large investors reduce holdings, retail investors pick up the slack. Isn't this routine a bit too familiar… --- Wyckoff is back again, always talking about accumulation. Do you really think it will turn out as expected? --- 220,000 coins sold, and you think it will reach 133k? You're overestimating. --- Retail investors relay, large investors dump the market. What kind of accumulation is this? --- Is 91,500 the bottom? I doubt it, it might still fall further. --- Large investors have already exited. Now claiming to be accumulating can really fool people. --- Let's wait and see. Don't be fooled by Wyckoff.

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FlatTax

· 01-11 12:44

Are the big players reducing their holdings? Are retail investors accumulating? I’m too familiar with this routine, they just want to dump the market to scare off panic buyers. The Wyckoff accumulation theory is getting annoying; the key is whether we can truly break through 135,000. Over 200,000 coins were dumped without crashing the market; I think there’s definitely a sign of something brewing. Wait, while whales are reducing their holdings, retail investors are accumulating—doesn’t that logic seem reversed? They promised that retail investors’ holdings would increase, so should I get in now... or is this just another night before a chop and cut?

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SingleForYears

· 01-11 12:29

Big players are running, retail investors are buying the dip, this trick is old.

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