Bitcoin whale accumulation of ~60,000 BTC signals growing institutional conviction and tightening market liquidity. Combined with a breakout above $125K, rising MVRV Z-Score and sustained exchange outflows, these factors increase the probability that BTC could extend toward $135K if $125K holds as support.
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Whales accumulated ~60,000 BTC in one week, tightening supply and indicating institutional conviction.
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BTC reclaimed the $125,865 zone after breaking a multi-month descending channel, showing higher-high structure.
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The MVRV Z-Score at 2.684 and NVT ~743, plus $17M+ in recent net exchange outflows, support on-chain-driven strength.
Bitcoin whale accumulation drives momentum: 60,000 BTC bought, breakout above $125K — watch support at $125K and on-chain health for the next move. Read now.
What is Bitcoin whale accumulation and why does it matter?
Bitcoin whale accumulation refers to large holders (addresses with 100–1,000 BTC) buying and holding sizeable amounts of BTC. This activity reduces available supply on exchanges, often precedes multi-week rallies, and signals rising institutional or large-holder conviction when sustained across multiple sessions.
How does decreased exchange balance and outflows affect BTC price momentum?
Falling exchange balances and persistent net outflows reduce immediate selling liquidity. Recent readings showing over $17 million leaving spot exchanges reflect long-term holding behavior and lower sell-side pressure. Historically, sustained outflows combined with accumulation from large holders correlate with stronger upward price moves.
Will whale accumulation spark Bitcoin’s next bull phase?
Will whale accumulation spark Bitcoin’s next bull phase?
Whale accumulation of ~60,000 BTC in addresses holding 100–1,000 BTC signals a shift toward longer-term positioning. This mirrors accumulation phases seen before previous rallies and typically precedes tightening liquidity and renewed upward price pressure when combined with favorable technical breakouts.
Bitcoin price breaks out of a descending channel
Bitcoin has broken above a multi-month descending channel and reclaimed the $125,865 region as a critical support zone. The structure shows higher highs forming, which confirms renewed bullish momentum.
A short retest of the $125K support is possible before the next upward leg. The immediate resistance to monitor stands near $135,389, aligning with the breakout target derived from the channel projection.
This technical breakout, when combined with large-holder accumulation, strengthens the case for sustained upside if BTC holds the new support zone.
Source: TradingView
MVRV Z-Score and NVT ratio reflect improving fundamentals
The MVRV Z-Score stands at 2.684, indicating that holders are increasingly in profit as BTC appreciates. Rising MVRV typically reflects accumulated unrealized gains across the network.
The NVT ratio is around 743, showing a moderate increase in network value relative to transaction volume and suggesting that on-chain utility is supporting current valuations.
When MVRV and NVT rise together, it tends to indicate strengthening fundamentals rather than pure speculative excess, reinforcing the bullish interpretation of current flows.
Source: Santiment
Exchange inflows continue to decline!
Spot exchange data shows sustained net outflows, with recent readings exceeding $17 million leaving exchanges. Persistent outflows indicate investors are withdrawing BTC from trading pools and moving to long-term storage.
Reduced inflows and falling exchange balances historically reduce sell-side pressure and can precede significant upward moves when demand remains steady or rises.
Together with whale accumulation and healthier on-chain metrics, declining exchange balances suggest a market transitioning toward renewed accumulation.
Source: CoinGlass
Is Bitcoin gearing up for a new leg toward $135K?
Bitcoin’s synchronized whale accumulation, breakout structure, improving on-chain health, and persistent exchange outflows create a strong bullish setup. The $125K zone now serves as a key validation level for sustained momentum.
If accumulation continues and network activity remains robust, BTC could challenge the $135K region. Failure to hold $125K could delay a larger advance, but current indicators point to strong hands controlling supply.
Frequently Asked Questions
How much BTC did whales accumulate and over what period?
Large addresses holding 100–1,000 BTC accumulated roughly 60,000 BTC within one week, a pace consistent with prior institutional accumulation phases before major rallies.
What on-chain metrics confirm the strength of this move?
The MVRV Z-Score at 2.684 and NVT around 743, alongside sustained exchange outflows exceeding $17M recently, indicate profit-taking pressure is low and on-chain activity supports valuations.
What price levels should traders watch?
Watch $125K as critical support after the breakout; $135,389 is the next major resistance aligned with the channel target. A decisive hold above $125K increases the odds of a move toward $135K.
Key Takeaways
- Whale accumulation: ~60,000 BTC bought by 100–1,000 BTC addresses in one week, reducing available supply.
- Technical breakout: BTC cleared a descending channel and reclaimed the $125,865 area as support — higher highs are forming.
- On-chain confirmation: Rising MVRV, steady NVT and $17M+ in exchange outflows suggest fundamentals back the rally; watch $125K for validation.
Conclusion
Bitcoin whale accumulation, a decisive breakout above $125K, improving MVRV Z-Score and steady exchange outflows collectively point to a market leaning toward renewed upward momentum. Monitor the $125K support zone and on-chain metrics for confirmation — if sustained, BTC could target the $135K area in the coming weeks. COINOTAG will continue to track on-chain flows and price structure for updates.
