- A Bitcoin whale sold 1,100 BTC, profiting $86.9 million while maintaining $444.6 million in BTC holdings.
- Bitcoin’s netflows show consistent outflows during price drops and inflows following price growth, indicating market sentiment.
- Historical cycles reveal that Bitcoin follows bullish patterns, breaking resistance and correcting before gaining fresh momentum.
According to Sport on Chain, A massive Bitcoin whale sold 1,100 BTC worth $106.4 million to Binance in recent times. The transaction was made approximately 20 minutes ago. The whale previously purchased 5,700 BTC from March to December 2024 for an average of $81,418. The whale now holds 4,598 BTC worth the current $96,800, approximately $444.6 million, with an estimated total profit of $86.9 million.
Bitcoin Netflows Show Strong Trends
With negative surges in late April, mid-June, late November, and mid-December, Bitcoin’s netflows reveal usual outflows. They happen during times of stagnation or price drops, showing intense selling pressure at these times.
On the other hand, early May, mid-August, and early November had times of positive netflows. These inflows frequently followed periods of price stability or growth. Notably, the largest inflows occurred during the period of rising Bitcoin prices, from early November to mid-December.
Bitcoin follows a fluctuating pattern. However, a strong uptrend emerged in late October. After reaching higher levels in early December, the price remained stable. Since mid-January, Bitcoin has maintained a consistent value without sharp declines.
Historical Market Cycles Indicate Bullish Trends
Rekt Capital shows Bitcoin price history cycles between 2012 and 2025 and current market trends. Breakout as well as reversal cycle patterns in 2017, 2021, and 2025 are the same. Prior to the decline in prices in 2017, Bitcoin broke through resistance and reached its historic high.
In 2021, this pattern recurred, with a breakout, a new high, a retreat, and more upward progress. These patterns are seen in the current 2025 cycle. Recently, Bitcoin rose, broke over resistance, and went into a consolidation phase.
Bullish patterns suggested by the market structure show breakouts followed by corrections and fresh momentum. The long-term price behavior of Bitcoin is supported by these historical trends.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
