BTC price warning signal? Bitcoin whales begin to sell before the fed cuts

TL; Dr.

• Long -term Bitcoin holders show a great activity, historically seen near the market or correction periods.
• Whale balances fall to levels last seen in 2018, which suggests a continuous quiet distribution.
• Bitcoin breaks the descending trend of several weeks, but the profits and whale outlets increase short -term caution.

Long -term headlines begin to move coins

Recent data show that the wallets supported by Bitcoin for long periods have begun to move their BTC. This is tracked through the long -term binary support indicator, which now shows a greater activity of these older wallets. In the past, similar peaks have occurred near Price Peaks and before broader corrections.

Bitcoin is currently quoted near the local maximums. Market observers indicate that the time of this behavior may be linked to expectations about possible changes in policies by the Federal Reserve. As shared by Bitcoísensus,

“Whales could be anticipating a correction throughout the market once the Fed begins to reduce rates.”

The pattern is being observed closely, given its story to align with the key turning points in the price of BTC.

In particular, the net data of losses and Bitcoin profits show that many forks have been selling with profits. July and August saw multiple spikes in profits, which took place during price increases. These periods coincide with the maximums recent in the market and suggest that holders may have reduced exposure as prices rose.

At the time of writing, Bitcoin had a price of around $ 111,200, with moderate profits in the last 24 hours and last week. Most transactions still seem to be over cost, which means that the sale does not come from losses based. The tone in the market seems quiet but cautious, with more participants who choose to make profits.

Average whale holdings continue to lower

Bitcoin’s average balance held by the big entities is now at its lowest level in almost seven years. According to Glassnode, the wallets containing between 100 and 10,000 BTC currently contain approximately 488 BTC on average. This is a level seen for the last time in December 2018. The decrease began in November 2024 and has continued to the present.

Consequently, this constant decrease shows that larger headlines have gradually reducing their positions. If this trend continues will depend on the next market conditions and external factors such as macroeconomic policy and capital rotation.

The price comes out of the bearish trend

In the table, Bitcoin has closed above a line of descending trend that had been maintained since the beginning of August. The movement was indicated by Rekt Capital, who pointed out,

“BTC has closed daily above its lower trend of several weeks.”

This rupture could indicate that the bearish trend is weakening. Going beyond this point will depend on Bitcoin’s ability to keep above the trend line. Maintaining this level in a new test could strengthen the possibilities of short -term recovery. Otherwise, the buyer’s impulse could be resumed.