Recently, by closely monitoring the net changes of those whale addresses on-chain, it's clear that the major players have been actively exchanging their holdings. After the price rebounded from the bottom, the battle between bulls and bears has become particularly fierce. In other words, the most aggressive buyers during the sharp drop a few weeks ago have probably finished accumulating their positions by now.



What I'm most interested in next is: if BTC really manages to reach around $98,000, what will those big whales do first?

Looking at the spot ETF side, there was a net inflow of more than $58 million yesterday, which is about 600 BTC. The data isn't explosive, but one detail is worth noting—BlackRock's buying volume has significantly increased, marking the largest net inflow in the past two weeks.

So right now, it feels like the trend is slowly improving. Every pullback is an opportunity.
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LightningAllInHerovip
· 12-11 01:32
Whale chip turnover is sufficient, there's no doubt about that, but I'm a bit conflicted right now... Will the big players make another aggressive move when we hit 98k? BlackRock's recent net inflow definitely shows some strength, much more solid than those deceptive data flashes. Every time there's a pullback, buying in is a good strategy, but I'm just worried this pullback might go all the way down, haha. Is 58 million really explosive? It seems like we need to watch the subsequent rhythm; I'm not that optimistic. I'm also pondering whale movements. Usually, they secretly accumulate below the surface, and by the time retail investors notice, a wave of price increase has already occurred.
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AirdropSkepticvip
· 12-10 14:40
Will the whales directly dump the market around 98K? I'm worried that having the chips concentrated in this kind of position is too risky.
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AlgoAlchemistvip
· 12-09 21:18
The whales have almost finished accumulating their holdings. Now it depends on how the 98k scenario will play out.
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RunWhenCutvip
· 12-09 21:15
The whales have almost finished accumulating; now we’ll see whether BlackRock is really buying or just testing the waters. When it hits 98k, the big players will definitely dump—history just keeps repeating itself. The net inflow into spot ETFs may look mild, but in reality, it’s building up firepower.
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GasFeeCrybabyvip
· 12-09 21:04
Whales will definitely dump chips before 98K. This move by BlackRock to increase their position is really interesting.
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