Bitcoin Whales Return Amid Trump-Led Crypto Market Bloodbath

Bitcoin opened the week with a modest 2% jump but remains down by around 27% from its $109,356 peak in January. The cryptocurrency’s small rebound coincides with reports of whale accumulation.

Whales are Buying the Bitcoin Dip — What Could It Mean?

Bitcoin whales have resumed their accumulation spree, adding nearly 5,000 BTC since March 3, 2025, despite a market downturn fueled by President Donald Trump’s seesaw crypto policies, according to Santiment.

The market remains shaky since Bitcoin’s all-time high seven weeks ago, with retail traders panicking while whales continue buying. Santiment’s data shows whales—wallets holding 10+ BTC—were net sellers from mid-February to early March, contributing to the slump.

Now, their renewed accumulation signals potential recovery, with CryptoQuant analysts expecting Bitcoin to rebound in the second half of March if the trend continues.

Meanwhile, Bitcoin’s price closed above $100,000, coinciding with the unrealized profit ratio surging in tandem, mirroring past bull cycles.

The key question is whether whales continue holding, extending the rally, or offloading BTC, causing a temporary pullback.

• Bitcoin could sustain momentum and push into a parabolic phase if whales hold onto their profits.
• If large holders start realizing profits, it could trigger selling pressure, leading to a potential retracement or consolidation.

For now, the absence of mass whale selling suggests that Bitcoin remains in a strong uptrend, but traders should watch for any signs of increased whale distribution.

Bitcoin Has More Room To Decline

Bitcoin has broken down from a classic head-and-shoulders pattern, suggesting the potential for deeper losses in the coming weeks.

The pattern, which typically signals a trend reversal, materialized following Bitcoin’s all-time high in early 2025. The price is now dropping below the neckline support near $87,000.

The head-and-shoulders pattern consists of three peaks—the left shoulder, head, and right shoulder—with the neckline as a critical support level. After breaking below this neckline, BTC has accelerated its decline, trading around $81,537—down 6.02% on the day.

The 200-day EMA (blue line) at $65,918 is a major long-term support level. The 50-day EMA (red line) at $89,014 is now acting as resistance, reinforcing the bearish outlook.

Additionally, Bitcoin remains above a long-term ascending trendline (black), which has supported the bull cycle. A breakdown below this level could trigger a sharper correction below $47,000 (0.618 Fib level).