Bitcoin Whales Reduce Long Positions as Familiar Market Structure Reemerges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Whale Position Reduction: Bitcoin whales, who held long positions peaking at 73,000 BTC in late December, have begun to unwind these positions, indicating potential significant directional moves as prices stabilize around $90,000.
- Market Structure Analysis: The current reduction in whale longs mirrors past cycles, typically occurring near price floors rather than peaks, which may pave the way for subsequent strong upward movements, as historical data shows whale behavior often precedes rapid price rebounds.
- Ownership Structure Shift: In 2025, whale wallets reduced holdings by approximately 220,000 BTC, while smaller investors continued to accumulate, suggesting a transition towards a more distributed ownership structure that could lead to more stable long-term uptrends.
- Volatility Expectations: Although whale selling may be interpreted as a bearish signal, analysis suggests this reflects more of a portfolio rebalancing, with the market likely needing further price swings to reset funding rates and open interest before the next sustained advance can occur.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
