🟢 $BTC Pullback: Healthy Reset or Whale Manipulation?
Bitcoin’s surge hit resistance today after a major whale dumped billions in $BTC , dragging the price from $117K down to nearly $111K. The sell-off wiped out over $800M in liquidations and pulled the wider market lower, with Ethereum and $XRP following suit.
But the bigger picture tells another story. On-chain data reveals steady accumulation from mid-tier whales (wallets holding 10–100 BTC), showing strong conviction in the long-term outlook despite the short-term chaos.
The pressure comes from the larger players. With 94% of holders still in profit, big whales are seizing chances to lock in gains. Their moves can quickly swing market sentiment, as today’s turbulence proved.
👉 The key question: is this dip just a healthy reset or a case of whale-driven games?
If mid-tier accumulation continues and large whales slow their selling, Bitcoin has the foundation for a strong rebound.
If profit-taking escalates, another sharp correction could be ahead.
For now, BTC remains structurally bullish — but the next leg will be determined by the whales. 🐋