Bitcoin price recovery is driven by sharply reduced selling and renewed whale accumulation: spent volume fell to a weekly average of 529K BTC, Exchange Whale Ratio hit 0.43, and Netflow turned negative at -$128M — signs that demand from large holders is supporting a rebound.
Spent Volume plunged to 529K BTC (SMA-7d)
Exchange Whale Ratio dropped to 0.43, indicating fewer whales sending BTC to exchanges.
Netflow turned negative at -$128M, reflecting aggressive accumulation (CoinGlass data).
Meta description: Bitcoin price recovery driven by reduced selling and whale accumulation; spent volume 529K BTC, Netflow -$128M. Read analysis and key takeaways.
What is driving Bitcoin’s price recovery?
Bitcoin price recovery is being driven by a marked decline in spent volume and reduced exchange supply as large holders withdraw coins, while Netflow signals aggressive accumulation. These on-chain shifts have eased selling pressure and provided upward price support in recent sessions.
How did spent volume and realized profit change?
Spent Volume (SMA-7d) dropped to 529K BTC per day, signaling the main wave of sellers has paused. Realized Profit across cohorts also fell, with long-term holders booking 7.2K BTC and short-term holders 1.8K BTC, indicating limited profit-taking despite price swings.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
After hitting a local low of $111K, Bitcoin [BTC] bounced to $117,421 before retracing to $115,411. As of press time, BTC traded at $115,601, up 2.45% in 24 hours — evidence of building upward pressure.
Analyst data (CryptoQuant) shows Spent Volume collapsed, signaling the principal selling cohort paused activity. Reduced incentives to sell after recent losses led both long- and short-term holders to lock in far smaller realized profits than during prior rallies.
CryptoQuant and Checkonchain metrics show whales are pulling coins off exchanges. The Exchange Whale Ratio dropping to 0.43 and MegaWhales displaying a -20.36K BTC balance change indicate withdrawals exceeded deposits, consistent with accumulation into private custody.
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/bitcoin-may-reclaim-117k-if-whales-continue-accumulating-as-seller-volume-drops-112k-support-could-be-tested/