<div id="readability-page-1">Bitcoin is under renewed pressure after fresh data showed more than $7.5 billion in whale inflows to Binance over the past 30 days. These are large transfers from wallets holding significant amounts of BTC. Such movements often indicate preparation for selling, increasing the risk of heavy market pressure. The inflow is notable because the last time whales moved similar volumes to exchanges was in March 2025. Shortly after that surge, Bitcoin fell sharply. The price dropped from around $102,000 to the $70,000 range within weeks. Analysts tracking on-chain data say the current inflow trend looks almost identical to the March pattern. Heavy deposits on centralized exchanges usually raise caution because they expand available liquidity for selling. When market sentiment is already weak, that liquidity can accelerate a decline. Market watchers also note that BTC trading volume has thinned in recent weeks. That gives whales even more power to move the price with aggressive selling. Traders in derivatives markets are also reducing long positions, signaling a shift toward risk-off behavior.Large inflows suggest whales want quick access to spot markets. When this happens over a sustained period, it often precedes a correction. The $7.5B figure represents one of the largest 30-day exchange inflows for Bitcoin this year. Glassnode data shows long-term holder supply has also declined. Coins moving out of long-term storage and into exchanges typically confirm a change in sentiment. Reduced long-term holding weakens BTC’s market floor and increases volatility risk. This surge does not automatically guarantee a crash. Some whales could be repositioning funds for hedging or arbitrage. However, the resemblance to earlier sell-offs is drawing attention. Traders are watching whether whale inflows continue. Another month of inflows above $7–8 billion could reinforce a larger bearish setup. Any sudden rise in outflows, however, would suggest accumulation rather than distribution. For now, analysts describe Bitcoin’s near-term outlook as defensive. Key support levels sit near recent lows. A break below them could trigger broader technical selling.<h2>Are whale inflows signaling a deeper Bitcoin correction?</h2> Bitcoin is facing renewed selling pressure as whale inflows to Binance hit $7.5 billion over the past 30 days, according to fresh data from CryptoQuant. This is the largest monthly inflow recorded this year. Analysts say the pattern is identical to the inflows seen in March 2025, when Bitcoin slid fast from $102,000 to the low $70,000s. CryptoQuant analyst Maartunn said whales usually move coins to exchanges when they want to take profits or reduce risk. He warned that the 30-day inflow metric is still rising, showing that selling pressure has not stabilized. Investors now face a market still stuck in a high-risk zone. The data does not confirm whether a trend reversal is near or whether Bitcoin could revisit the 2025 lows, potentially setting the stage for a longer bear market.<h2>Did November’s Bitcoin crash mirror the 2021 bear market?</h2> CryptoQuant CEO Ki Young Ju said that Bitcoin’s on-chain indicators are bearish, and any upside now depends heavily on macro liquidity, not internal crypto flows. Veteran Bitcoin and commodities investor G. Martín believes Bitcoin’s $126,000 peak in October likely marked the post-halving top. His analysis shows that the current drop is not a routine dip, but resembles the start of the 2021–2022 bear market. He pointed to the October 10 deleveraging event, which wiped out $19 billion in crypto value, as a signal that the market structure has broken. Martín said open interest is rising again, suggesting traders are positioning for lower price levels, not recovery. Bitcoin’s fall from $126,000 to near $80,000 over the past two months shows how much the market is driven by sentiment, fear, and liquidity, rather than fundamentals. He noted that 95% of retail buyers over the last six months purchased Bitcoin at an average of $115,000, heavily influenced by the “Crypto President Trump” hype cycle. Martín added that many investors were not truly bullish during the move around $100,000. Instead, they were “scared because their entry price was underwater,” which created a form of market denial.<h2>Will Fed rate cuts help Bitcoin — or hurt it?</h2> Many traders expect a December Fed rate cut to boost Bitcoin into a year-end rally. Martín disagrees. He said that if the Fed cuts rates while also reducing its balance sheet, the private sector will need to absorb long-term assets, which drains liquidity from risk markets like crypto. “Rate cuts may help the broader economy,” he said, “but they are not automatically bullish for Bitcoin.” He warned that the current environment could break the traditional four-year Bitcoin cycle, pushing the next macro bottom to late 2026, when liquidity returns.<h2>What price levels must Bitcoin reclaim to avoid a deeper bear market?</h2> Martín said Bitcoin must recover key resistances after the sharp November selloff. A healthy bottom requires the price to hold above its 200-Week SMA, a long-term support used across market cycles. If Bitcoin fails to reclaim those levels, analysts expect the market to retest the $73,000 to $70,000 zone in the near term. A bounce from there could lead to a relief rally toward $95,000–$105,000, but only after deeper volatility and continued whale-driven selling pressure. For now, the market remains fragile. Whale inflows are rising. Liquidity is thinning. And sentiment is shifting fast. The next move may decide whether Bitcoin is entering a new bear market — or preparing for a long, slow recovery.<div> (You can now subscribe to our Economic Times WhatsApp channel) </div> (You can now subscribe to our Economic Times WhatsApp channel) </div>

GBTC

比特幣面臨壓力，因為在過去 30 天內，75 億美元的鯨魚資金流入幣安，暗示可能的拋售，這與 2025 年 3 月比特幣大幅下跌的模式相呼應。分析師警告稱，拋售壓力增加，可能出現更深的修正。目前市場情緒疲弱，長期持有減少，交易量稀薄。雖然一些鯨魚可能在重新調整頭寸，但這種情況類似於過去的拋售，引發了對看跌局勢的擔憂。分析師將比特幣的短期前景描述為防禦性，關鍵支撐位面臨風險

比特幣是否會再次大幅下跌？比特幣鯨魚在 30 天內向幣安流入 75 億美元——這些鯨魚流入是否預示着比特幣將進行更深層次的調整？