The post Bitcoin Whale Supply Hits 6-Year Lows—Will BTC Rally or Retreat? appeared on BitcoinEthereumNews.com.

Bitcoin liveliness metric indicates heightened activity among long-term holders (LTHs), signaling a shift toward distribution rather than accumulation. On-chain data shows a critical demand deficit, as miners and LTHs offload more BTC than new buyers can absorb. The recent movement of Bitcoin price has attracted more attention as the currency approaches a critical threshold of $110,000. This upturn, even though it’s encouraging at face value, is amid a scenario of major market changes, especially among whales. Bitcoin Price Analysis Amid Whale Movement Data indicates that the supply held by Bitcoin whales has dropped to its lowest level in six years. Such massive dumping of whales implies the existence of extensive profits taking, which can add weakness to the current Bitcoin rally. According to data from Santiment, there has been a decrease in the position of whale wallets, which typically hold more than 1,000 BTC, indicating caution on the part of market makers. Source: Santiment In tandem with this, one of the blockchain indicators is attracting increased activity on the part of long-term holders (LTHs). The liveliness metric, which measures the movement or holding of coins, has risen tremendously. The growth in this indicator typically indicates a shift in distribution rather than accumulation, suggesting that investors who have long been contemplating are finally acting and selling their assets, as reported by CNF. Such action of whales and LTHs can have real consequences on the short-term path of BTC. Currently, Bitcoin price is trading over $108,000, and this reflects a 7% growth in the last 24 hours. Although this implies a high demand in the short run, one question that needs to be asked is whether the market can sustain these levels under the prevailing sell-side situation. The new support being keenly monitored by market analysts includes the $108,000 mark. If Bitcoin can be maintained…

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Filed under: News - @ July 1, 2025 5:24 am