Bitcoin has managed to surpass the psychological mark of $90,000 again, showing an interesting recovery after days of uncertainty. However, recent data provided by the analytics firm CryptoQuant warns of latent Bitcoin selling pressure in the current market environment. Analysts point out that 45% of inflows come from large deposits, which generates uncertainty among short-term investors regarding the sustainability of this rebound.
On-chain metrics present a scenario full of contradictions and large-scale institutional movements that define the landscape. On one hand, an unprecedented withdrawal of 1.8 million BTC from exchanges was recorded overnight. This massive movement of capital could suggest a strong institutional accumulation strategy, withdrawing assets for cold storage away from centralized trading platforms. Likewise, stablecoin reserves on Binance reached an all-time high of $51.1 billion. Therefore, traders appear to be preparing for extreme volatility in the coming days, positioning liquidity to buy dips or hedge against corrections.
Are Whales Preparing for a Massive Liquidation or Strategic Accumulation?
It is fundamental to understand that the leading digital asset is currently trading 30% below its recent all-time high. Bitcoin reached a peak of $126,080 on October 6, 2025, before correcting significantly in the following weeks. This price recovery follows a drop that temporarily took the asset to $80,000, which unleashed strong reactions and fear in the market. Additionally, the 24-hour trading volume touched $69.56 billion, evidencing that activity has not ceased. Thus, the current scenario depends not only on price but on market structure.
The constant increase in flows to exchanges is usually interpreted as an immediate bearish signal for the asset’s valuation. Deposits of 100 BTC or more, which now represent almost half of total inflows, indicate that large holders could be executing major changes in their investment portfolios. If this Bitcoin selling pressure continues to materialize aggressively in the order books, we could see new retracements towards lower supports. However, the massive outflow of funds counterbalances this scenario, posing a fierce struggle between available supply and institutional demand.
The market is at a critical turning point where technical data and capital flows collide. While cryptocurrency reserves on exchanges decrease drastically due to withdrawals, liquidity in stablecoins suggests that capital is ready to be deployed. Investors should closely watch if current supports manage to hold firm against whale activity in the short term, as volatility seems guaranteed for the end of the month.
