Bitcoin Longs Drop on Bitfinex as $135K Target Gains Attention

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Bitcoin whales began repeating a classic bull signal as they took BTC long positions off the table after a year of declining overall market exposure.

Bitcoin whales are “aggressively” reducing long exposure as a classic bull signal reappears.

Bitfinex whales are rotating out of BTC long positions — something that preceded major price gains in the past.

A Wyckoff-style “spring” bottom should come next before a major reversal, analysis says.

Whale holdings drop by around 220,000 BTC in 2025.

Bitcoin whales trigger six-figure BTC price target
Data from TradingView reveals that whale long positions have started dropping after hitting a peak of 73,000 BTC in late December.

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