The post Bitcoin Drops Below $90K On Whale and Long-Term Holder Selling Pressure. appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) slipped below $90,000 during the New York trading session on Tuesday alongside an increase in long-term selling. Large holders also exited their positions, keeping the downside pressure firmly in place. Key takeaways: Bitcoin dips below $90,000 as whales deposit over $400 million to exchanges. Long-term holders accelerate profit-taking, with 68,650 BTC sold over the past 30 days. Bitcoin analysts view $84,000–$86,000 as a potential support zone for a bounce. Whales dump BTC as long-term selling intensifies Data from CryptoQuant’s whale screener highlighted a “second wave of aggressive selling pressure” that pushed Bitcoin price below the $90,000 mark. The whale screener tracks real-time deposits and withdrawals of Bitcoin and other top cryptocurrencies from over 100 active whale wallets, moving in and out of spot exchanges. Related: Bitcoin trader keeps $100K BTC target as gold price hits record $4,750 The chart below shows that whale wallets deposited more than $400 million of BTC into spot exchanges on Tuesday, indicated by the orange arrow in the chart below. “This marks the second major BTC deposit spike in a short period of time,” after the $500 million seen on Jan.15,” CryptoQuant analyst Amr Taha said in his latest Quicktake analysis, adding: “Historically, large BTC deposits to spot exchanges usually indicate preparation to sell or at least an increase in available liquidity for distribution.” BTC exchange flows. Source: Amr Taha/CryptoQuant As Cointelegraph reported, increased whale transfer to exchanges signals elevated sell-side pressure for Bitcoin, risking a deeper correction to $80,000.  Other data also suggest a distribution phase is underway, as long-term holder (LTH) selling pressure increased. The LTH net position change has been negative since early January, as about 68,650 BTC has been sold over the past 30 days. In other words, holders are locking in profits during rallies, including the latest one…

---

Filed under: News - @ January 22, 2026 2:24 am