Bitcoin Tests 112K Support After Whale-Triggered $2.7B Sell-Off, Could Signal Weakening Momentum

  • Bitcoin tests 112K support after a 24,000 BTC whale sell-off that triggered rapid liquidations.

  • RSI near 40 and a bearish Stoch RSI cross signal fragile short-term momentum for BTC.

  • Whale still holds ~152,874 BTC (~$17B); the dump appears structured to trigger liquidations rather than exit holdings.

Bitcoin 112K support tested after a $2.7B whale sell-off; read technical analysis, RSI signals, liquidation impacts, and quick takeaways to respond now.

What is Bitcoin testing the 112K support level?

Bitcoin 112K support is the current short-term floor BTC is holding after rejecting resistance near 119K–120K. The level has acted as a springboard since May 22; holding it preserves the bullish structure, while a break below would indicate a structural shift toward deeper correction.

How did the 24,000 BTC whale sell-off affect the market?

A whale sold roughly 24,000 BTC (about $2.7B), executed across major exchanges, triggering an immediate $4K drop and cascading liquidations. Market observers report the whale still holds roughly 152,874 BTC (~$17B), suggesting the action was aimed at liquidations rather than reducing total exposure.

Bitcoin tests 112K support after a $2.7B whale-triggered drop, showing key momentum shifts across BTC and ETH markets.

  • Bitcoin is testing 112K support after rejecting resistance near 120K, holding the market’s bullish structure for a potential upward move.
  • A 24,000 BTC whale sell-off triggered rapid $4K losses, liquidating positions without reducing total holdings, affecting short-term market momentum.
  • Technical indicators show weakening momentum, with RSI near 40 and Stoch RSI bearish cross, signaling a fragile short-term structure for Bitcoin.

Bitcoin (BTC) faces a crucial moment as it tests the 112K support level following a sharp market move. After rejecting resistance near 119K–120K, price action shows Bitcoin precariously holding above the support line established since May 22.

Why is 112K an important structural level for BTC?

The daily chart shows 112K repeatedly acting as support since the May high, making it a key level for trend validation. If daily closes remain above 112K, bulls retain their edge; consecutive closes below would shift market structure toward a deeper correction.

BTC Tests Critical Support Zone

The daily chart indicates Bitcoin has fallen back after strong resistance rejection. The 112K level has consistently acted as a springboard since the May high. A break below this line would mark a structural shift in the market.

CryptoFlow, an active market analyst, noted RSI levels are hovering near 40 and warned that a breach of that threshold would indicate growing bearish momentum. Stochastic RSI has indicated a bearish cross on shorter timeframes, pointing to a decline in momentum that could widen if bulls fail to reestablish control.

AD 4nXeOBDmirDj0VU DWou7zkb5Qd1xbWRF0ZLNCIsfYho3emHXJ JPKuSbs7LsaCGarf1HkxzP2oIHst Hcx8ywS2FAEUTGnHYE8h5of3Pvx RYOnFJ2z5uRd aFMLH2xuydmBvk7tXg?key=G5um
Source: CryptoFlow

The path forward is binary: holding 112K could trigger a bounce toward the 119K–120K range, while a breakdown beneath 112K on daily closes would open the door to a deeper correction and broader market weakness.

Whale Activity Triggers Market Volatility

Recent on-chain and exchange data show a whale dumped 24,000 BTC across exchanges, triggering sharp price moves. Market commentators observed no clear macro catalyst; the move appears to be a liquidation-seeking execution rather than reaction to fundamental news.

Massive $BTC Whale Dump Crashed the Market 📉

A whale dumped 24,000 BTC (~$2.7B) across major exchanges.

This triggered a $4K drop in minutes, causing a liquidation cascade not a natural correction.

No major news or macro catalyst caused this.

Even $ETH hit a local high just… pic.twitter.com/ccmYwsWhOM
— ZYN (@Zynweb3) August 25, 2025

The whale still holds 152,874 BTC, valued at approximately $17 billion. The sell-off did not reduce the whale’s holdings, indicating a strategy to trigger liquidations rather than exit positions.

Market Structure and Momentum Signals

Bitcoin’s structure remains intact as long as the 112K support holds. The next few daily candles will determine whether bulls maintain control or a deeper correction unfolds.

Technical indicators suggest fragility in the current momentum. RSI hovering near 40 and the bearish Stoch RSI cross show that short-term momentum is weakening. Analysts highlight that sustained daily closes above 112K are needed to keep the bullish thesis intact.

Frequently Asked Questions

How long can Bitcoin hold 112K support?

Short-term holding depends on daily candle closes; if BTC closes above 112K for multiple days, the support stance strengthens. A decisive breach on daily timeframes increases the probability of deeper correction within 1–2 weeks.

What should traders watch next?

Key signals: daily closes relative to 112K, RSI behavior around 40, Stoch RSI cross confirmation, and on-chain flows showing exchange inflows or outflows. Watch liquidation prints and whale wallet activity for sudden volatility.

Key Takeaways

  • Support test: 112K is the immediate structural level; holding it preserves the bullish trend.
  • Whale impact: 24,000 BTC dump (~$2.7B) caused rapid $4K drop and liquidations but did not reduce the whale’s holdings.
  • Technical signals: RSI near 40 and bearish Stoch RSI cross show weakening short-term momentum; daily closes will be decisive.

Conclusion

Bitcoin’s test of 112K support after a $2.7B whale-triggered sell-off presents a clear technical fork: hold 112K to preserve the bullish structure and target 119K–120K, or break it and prepare for a deeper correction. Monitor RSI, Stoch RSI, and on-chain flows; trade with defined risk and watch for confirmation on daily closes.








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