According to CryptoQuant analyst Woominkyu, BTC whale selling has ended. On June 14, total whale holdings reversed course after 12 consecutive days of decline, pushing the price back up to $65,705. Data shows that the inflow of coin-days destroyed dropped from 2.16 million to 33,000, indicating weakening selling pressure from long-term holders. Between June 5 and 10, at the intraday low of $61,400, the exchange whale ratio rose to 62.3%, with over 11,400 BTC moving from exchanges to cold wallets—signaling the completion of the筹码转移.
CryptoQuant: BTC whale selling ends, holdings rise as price rebounds to $65,705
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Summary
Whale trading activity shows signs of stabilization as the BTC price rebounds to $65,705. According to CryptoQuant’s Woominkyu, whale selling has ceased, with holdings rising after 12 consecutive days of declines. Coin-day destroyed volume dropped sharply from 2.16 million to 33,000, indicating reduced selling pressure. At the June 5–10 low of $61,400, the exchange whale ratio reached 62.3%, with over 11,400 BTC transferred to cold storage, suggesting position reallocations are complete. Traders are now assessing the risk-to-reward ratio amid this shift in whale behavior.
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