Bitcoin’s second-largest whale accumulation fails to push BTC past $106K

Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 have curtailed the recovery to $110,000.

Bitcoin (BTC) has rebounded 8.7% to $107,500 on Tuesday, following its four-month low of $98,900, as whales took advantage of discounted prices to add to their holdings. The price has since corrected below $103,000 on Thursday, as $106,000 proved a tough barrier to break.

Key takeaways:

Bitcoin whales recorded their second-largest weekly accumulation of 2025.

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