- Whales offloaded 116K BTC worth $13B while retail holds steady as sideways markets hint at distribution not accumulation.
- ETF inflows slowed to 500 BTC daily leaving weak demand while whales keep selling between $115K and $125K ranges.
- Liquidity pools sit lower near $90K which signals heavy downside risk as retail celebrates false strength around $120K.
Bitcoin’s price action between $115K and $125K is flashing warnings as whales intensify distribution while retail traders remain hopeful. Popular analyst Doctor Profit warned in his latest report that big players have sold over 116,000 BTC worth $13 billion in the last month.
This represents the largest whale exit since July 2022, underscoring how distribution pressure is mounting even as retail traders continue holding positions opened in the last three months.
The concern centers on how this sell zone has stalled Bitcoin since July. Retail entries remain underwater between $117K and $122K, yet smaller panic sells have not shaken conviction.
Consequently, market makers are capitalizing, unloading holdings within this zone while maintaining sentiment to avoid widespread fear. Doctor Profit noted that sideways markets speak only two languages: accumulation or distribution. Current flows strongly suggest the latter.
Whales Sell, ETFs Slow
Besides whale activity, ETF inflows highlight weakening demand. After robust activity in July, Bitcoin spot ETF flows slowed to about 500 BTC per day since early August. Hence, new capital is no longer matching the supply whales are releasing. This mismatch has transformed the $115K–$125K range into a profit-taking zone rather than a launchpad for higher moves.
Additionally, altcoin rallies are distracting retail traders. Doctor Profit emphasized that “alts rally, BTC dominance drops, greed explodes,” creating the perfect environment for whales to offload BTC. He pointed out that many outperforming altcoins are new exchange-pumped tokens with little history or fundamentals.
Strategy and Market Fragility
Moreover, liquidity data shows heavy downside risk. Significant liquidity pools lie between $106K and $90K, while upside levels remain weak. Funding remains neutral, slightly long-tilted, but not extreme enough to force major squeezes.
Consequently, the analyst confirmed his bearish stance, adding shorts within the $115K–$125K range while closing spot holdings. His current portfolio now stands fully in USDT and shorts, alongside positions in Gold and silver.
Bitcoin’s sideways chop masks heavy whale distribution. Without stronger inflows, the risk of a deep correction grows, leaving retail traders vulnerable.
