Bitcoin Whales Hit The Sell Button — $135K Price Target Now Trending
According to TradingView data, big holders on Bitfinex have been trimming long positions after a late-December peak of 73,000 BTC. The move follows a broader drop in whale holdings of roughly 220,000 BTC during 2025, a change that has analysts and traders parsing what comes next.
Price Range And Resistance Levels
Traders are watching a near-term ceiling around $94,000 that has capped several rallies. Bitcoin currently sits near $91.5k. A sustained break above that $94,000 level with volume would be a stronger confirmation for bulls. On the flip side, a failure to move higher could see the range widen to the downside, especially if funding costs rise or if liquidations pick up.
Fractal Targets And Caution
Some analysts are using past patterns to project targets. Based on reports, one scenario maps a repeat of the spring-and-rally sequence, aiming at $135k or more if history repeats closely enough.
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That view depends on similar market conditions lining up, which is not certain. Whales are not a single, unified actor; different groups can close positions for different reasons, and some trades are used as hedges rather than bets on price direction.
Volume, funding rates, and net positioning on major derivatives platforms will matter. A clean breakout above $94,000 with rising spot demand would support the bullish case.
Conversely, rising selling pressure at that level could keep Bitcoin confined to the $88,000–$92,000 band until a new catalyst appears. The current action looks like a setup in progress — one that could lead to sharp moves once traders decide on direction.
Featured image from Unsplash, chart from TradingView
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