in a surprising market shake-up, Bitcoin (BTC) plunged to $105,000 today, May 30, 2025, sparking a wave of panic across the retail segment and an even larger wave of institutional and whale accumulation.

Just days ago, BTC was trading above $115K, with bulls aiming for a fresh breakout. But today’s sudden 9% drop triggered over $450M in liquidations, shaking out leveraged positions and resetting market sentiment.

Yet, beneath the fear and FUD… big money is buying.

🧠 What Caused the Bitcoin Drop?

Several key events contributed to today’s flash dip:

  • Hawkish Fed commentary hinting at another rate hike in June.

  • Mt. Gox wallet movements, sparking rumors of impending BTC sales.

  • Overheated derivatives markets with high funding rates, a correction was overdue.

  • General profit-taking after BTC’s surge above $110K.

While retail traders panic sold, on-chain data tells another story: whale wallets and long-term holders absorbed the dip with conviction.

🐋 Whales Are Buying the Dip

According to data from Glassnode and CryptoQuant:

  • Over 21,000 BTC were accumulated by wallets holding 1,000 BTC or more in the last 24 hours.

  • Stablecoin inflows to exchanges are up 11%, signaling fresh capital entering the market.

  • Bitcoin exchange balances dropped to a 3-month low indicating accumulation, not panic.

Whale accumulation typically precedes major price reversals. Historically, BTC bottoms form when weak hands exit and strong hands step in.

📈 Analysts Still Bullish: $150K in Sight?

Despite today’s correction, many analysts remain resolutely bullish on Bitcoin's long-term trajectory. Here’s what they're saying:

  • Credible Crypto: “This is the last big shakeout before BTC breaks into price discovery.”

  • Crypto Rover: “We’re seeing smart money buy aggressively $150K+ is still likely by Q3.”

  • TechDev: “Nothing has changed structurally. These dips are gifts in a macro uptrend.”

Even after today’s drop, Bitcoin is still up over 80% YTD, and on-chain indicators like the MVRV ratio, NUPL, and Realized Cap continue to support a bullish macro thesis.

🔮 What’s Next for BTC?

Key support zones to watch:

  • $102,000 – short-term whale buying zone.

  • $98,500 – 100-day moving average support.

  • $92,000 – max pain zone if another leg down occurs.

If BTC reclaims $110,000 quickly, expect renewed bullish momentum. Until then, volatility remains high but the smart money is positioning.

✅ Conclusion

The Bitcoin crash to $105,000 today caught many off guard but for experienced investors, this isn’t panic it’s opportunity.

The fundamentals remain strong, long-term conviction is growing, and whales are making their move. The only question is: are you watching or participating?

⚠️ Disclaimer

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.