BTC drops back to $89,400, but whales are frantically accumulating—this signal is quite interesting

PriceOracleFairy · 2026-01-21T05:48:11+00:00

Bitcoin prices recently retreated to $89,400, but whales and sharks continue to increase their Bitcoin holdings. Addresses holding 10-1,000 BTC added 36,322 coins, while retail investors reduced their holdings. This contrarian move suggests that cryptocurrencies may break out as smart money accumulates and retail investors exit, indicating a long-term bullish technical divergence.

PriceOracleFairy

2026-01-21 05:48:11

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【Blockchain Rhythm】 Recently, Bitcoin prices have been a bit volatile, falling back to around $89,400. Gold and silver, on the other hand, haven’t been idle and have been climbing steadily. However, many are paying attention to a phenomenon—Bitcoin’s “whales” and “sharks” are still continuously accumulating.

Data shows that whale addresses holding 10-10,000 BTC have increased their holdings by 36,322 BTC over the past 9 days, a 0.27% increase; in contrast, retail investors holding less than 0.01 BTC, known as “shrimp” addresses, have reduced their holdings by 132 BTC during the same period, a 0.28% decrease.

What does this reverse operation actually imply? Market analysis suggests that for crypto assets to truly break out, it often requires waiting until the “smart money” is lurking while retail investors are fleeing. Setting aside external factors like geopolitical issues, the current capital flow pattern is quietly laying the groundwork for a long-term bullish technical divergence—which is quite meaningful from a technical perspective.

BTC-2,14%

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