Whales Sold Rally as Bitcoin Price Stalled Near Key Range
The post Whales Sold Rally as Bitcoin Price Stalled Near Key Range appeared on BitcoinEthereumNews.com.
Key Insights Retail wallets accumulated as Bitcoin price slipped again. Whales bought panic dip then sold rally into strength. Large BTC transfers to exchanges signaled rising sell pressure. Bitcoin news showed that large holders traded against retail sentiment during recent market volatility. Blockchain analytics revealed whales accumulated Bitcoin during the late February panic, then sold the recovery rally days later. The move came as Bitcoin’s price volatility increased, while retail traders stepped in to buy the dip. Market data indicated a classic distribution pattern between large holders and small wallets. Retail buying intensified during the pullback, while large investors reduced positions after the rebound. Whale Accumulation Turned Into Profit-Taking Santiment data showed that wallets holding between 10 and 10,000 Bitcoin accumulated heavily during the late-February sell-off. Those wallets increased their holdings between Feb. 23 and March 3, as the market absorbed the geopolitical shock from news of the Iran war. Source: Santiment That buying occurred as Bitcoin price traded inside a panic-driven range between $62,900 and $69,600. The accumulation coincided with the sharp decline triggered by risk-off sentiment across digital assets. The move then reversed quickly. Santiment records showed the same wallets began selling once the rebound gained momentum. Profit-taking accelerated after the recovery rally pushed Bitcoin higher during the week. Large holders eventually offloaded about 66% of the coins they accumulated during the panic window. The selling appeared to be a rebound, attracting new retail demand. That behavior often marks a distribution phase where early buyers sell strength. Retail traders then filled the demand gap created by whale selling. Retail Accumulation Emerged During Bitcoin Price Pullback Santiment records also showed wallets holding less than 0.01 BTC increased positions as prices weakened again. The activity appeared after Bitcoin slipped back below $70,000 heading into the weekend. Small investors often buy…
Filed under: News - @ March 8, 2026 1:15 pm