Let's break down what the whales are actually doing right now.
The big players still hold roughly $1.68B in net long positions on perpetual markets—solid buying interest overall. But here's the catch: momentum has clearly cooled off. That massive $900M buy spike around 94k on January 14th? It marked a turning point. We're seeing buying pressure ease up since then.
What about selling? Nothing dramatic to report. No significant wave of liquidations or panic dumping has shown up yet. The market seems to be catching its breath rather than reversing course.
When we run the numbers through historical backtests, the price action starts painting a clearer picture of where we might be headed. The data suggests we're in a consolidation phase—whales are holding steady, but they're not aggressively adding more fuel to the rally at these levels.
Bottom line: patience from the big money. They're watching, waiting, but not rushing.
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ContractCollector
· 1h ago
Wait, is that 94k buy order just a test? Big fish are just sitting back and watching the show now.
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WalletDetective
· 01-16 08:03
94k, what does that buy-in mean? Now the whales are obviously stepping on the brakes.
Everyone is waiting, no one dares to add to their positions, this is what we call consolidation.
The sell orders aren't aggressive either, it's a bit boring.
1.68 billion long positions, sounds like a lot, but actually just waiting and watching.
No rush, big players are just like this.
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retroactive_airdrop
· 01-16 08:03
94k that wave didn't crash down, whales are starting to scoop the bottom, but this buying momentum feels a bit lacking
Wait, is no one really fleeing? It feels too strange
What are the big funds waiting for? This consolidation is a bit frustrating
The 1.68B bulls are still holding tightly, it seems no one is panicking
The entire market seems to be holding back a big move, but the key is still when they will add more funds
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AmateurDAOWatcher
· 01-16 08:03
94k after that wave of buying, it lost momentum. The big players are now just watching the show lying down.
The whales are still here, but there are no new moves. They're just holding on.
Over 16.8 billion long positions sound like a lot, but right now it's just consolidating; there's no sign of adding more.
The lack of selling pressure is good news; at least no one is panicking.
The whole market just needs a signal to see who will lose patience first.
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OnchainDetective
· 01-16 08:01
94k that wave of buying is a ceiling signal, nothing else followed. Large investors are now just lying flat and watching.
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GweiTooHigh
· 01-16 07:48
94k after that wave of buying, it lost momentum. This rhythm is really a bit boring.
The whales are just killing time, waiting for some signal.
Just lying here without selling or buying? Feels a bit empty.
Holding onto 16.8 billion in long positions, we just have to see how it goes from here.
The entire market is just snoozing.
Bitcoin Whale Moves & Market Pulse
Let's break down what the whales are actually doing right now.
The big players still hold roughly $1.68B in net long positions on perpetual markets—solid buying interest overall. But here's the catch: momentum has clearly cooled off. That massive $900M buy spike around 94k on January 14th? It marked a turning point. We're seeing buying pressure ease up since then.
What about selling? Nothing dramatic to report. No significant wave of liquidations or panic dumping has shown up yet. The market seems to be catching its breath rather than reversing course.
When we run the numbers through historical backtests, the price action starts painting a clearer picture of where we might be headed. The data suggests we're in a consolidation phase—whales are holding steady, but they're not aggressively adding more fuel to the rally at these levels.
Bottom line: patience from the big money. They're watching, waiting, but not rushing.