Jan 11, 2026
2 0
Bitfinex Whales Reduce BTC Longs, Potential Volatility Ahead
Recent data from TradingView indicates that large holders on Bitfinex have reduced their long positions in Bitcoin following a peak of 73,000 BTC in late December. This is part of a larger trend seen in 2025, where whale holdings dropped by approximately 220,000 BTC.
Whale Activity and Historical Analysis
- Traders suggest that the reduction in long positions could signal upcoming price gains, similar to patterns seen in early 2025 when Bitcoin fell below $74k but later rebounded to $112k within 43 days.
- MartyParty highlights this pattern, suggesting current whale behavior might lead to significant volatility.
Market Dynamics
- According to CryptoQuant, while whale holdings decreased by over 200,000 BTC throughout the year, smaller investors have increased their exposure, potentially broadening market ownership.
- This diversification could stabilize prices, though it doesn't ensure price increases.
Price Range and Resistance
- Bitcoin has been trading between $88,000 and $92,000, with a key resistance level at $94,000.
- A break above $94,000 with volume could affirm a bullish outlook, whereas failure to rise may expand the downside range.
Outlook and Considerations
- Analysts are considering historical patterns for potential targets, like $135k if past trends repeat.
- The outcome depends on market conditions, including volume, funding rates, and net positioning on derivatives platforms.
- Sustained demand or increased selling pressure at resistance levels will influence Bitcoin's direction.