Bitcoin Whales Reduce Leveraged Positions, Market Eyes Bullish Upside

BlockChainReporter
BTC3,38%

Bitcoin ($BTC) has again become the center of attention across the crypto market with the latest holder behavior. In this respect, the big $BTC holders are reportedly closing their leveraged long positions. As per the data from “That Martini Guy ₿,” this scenario historically takes place ahead of massive bullish rallies. Thus, the market onlookers are keenly watching for the potential outcomes of this market outlook.

BULLISH 🚨LARGE BITCOIN HOLDERS ARE CLOSING LEVERAGED LONGS!This move has historically caused major bullish breakouts! Here we go! 🚀 pic.twitter.com/0x0HlaIPMN

— That Martini Guy ₿ (@MartiniGuyYT) January 11, 2026

Bitcoin Signals Imminent Bull Run as Large $BTC Holders Begin Closing Leveraged Longs

As the on-chain data puts it, the large holders of Bitcoin ($BTC) are taking a radical step of closing long leveraged positions. The respective development is significant in line with its timing. Specifically, such a move often occurs before a huge bull rally. Additionally, Bitcoin’s ($BTC) trajectory during the past 2 cycles presents a similar scenario. 1st of these instances took place between October and November in 2024. At that time, $BTC/USD jumped by 57.35% over forty-three days, raising almost $38,771 Bitcoin’s value.

Following that, the second instance took place between April and May last year. Hence, the price rallied by 46.69% over forty-four days, resulting in gains of over $35,649. This reaffirms the pattern of notable price hikes following the closure of big leveraged $BTC long positions.

Price Consolidation Below $91K Threshold Further Fuels Bull Rally Speculation

At the moment, Bitcoin ($BTC) is changing hands at $90,673, below the $90K threshold, as witnessed in the previous price rallies. Keeping this in view, there is a high chance for the flagship crypto asset to enter a bull market in the near term. Nevertheless, whether the current closure of leveraged longs leads to a bullish trajectory or not remains to be seen, as uncertainty remains.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polymarket Data: Probability of Bitcoin Rebounding to $75,000 Rises to 84%, Contract Trading Volume Nearly $45 Million

Polymarket predictions show that the probability of Bitcoin rebounding to $75,000 has increased to 84%, with a 40% probability of reaching $80,000. Meanwhile, the probability of falling back to $65,000 has decreased to 30%. Current BTC price is 73,758.1 USDT, up 1.29%.

GateNews4m ago

AI Data Center Power Revenue Reaches Up to 8 Times Mining Returns, Multiple Mining Firms' Transformation Sparks Bitcoin Network Security Controversy

Artificial intelligence's increased demand for electricity has raised concerns about Bitcoin mining security. Since AI data centers generate higher revenue per megawatt of power than Bitcoin mining, mining companies are shifting toward AI. Crypto traders believe this could lead to a decline in Bitcoin's hash rate, increasing the risk of network attacks. However, Bitcoin developers argue that the difficulty adjustment mechanism will attract miners back to the network.

GateNews7m ago

Crypto Market Cap Approaches $2.5 Trillion, Bitcoin Surges Toward $75,000, ZRO Skyrockets Over 10%

On March 16, the cryptocurrency market rebounded with a market cap increase of approximately $90 billion, reaching around $2.49 trillion. Bitcoin approached the $75,000 resistance level, and LayerZero showed significant gains. In terms of industry dynamics, BlockFills filed for bankruptcy, and Tether's AI division will release new technology. This rebound was driven by capital inflows and improved technical signals.

GateNews8m ago

AI Data Centers Competing for Power, Impacting Bitcoin Mining? Miners Pivot to AI Sparks Security Debate

With the rise of artificial intelligence data centers, the bitcoin mining industry faces transformation pressure. Some miners are turning toward AI computing, attracted by higher returns from electricity costs. Although bitcoin's mining difficulty adjustment mechanism may restore network balance, the decline in hash rate raises security concerns, and the market is focused on the impact of bitcoin price volatility on mining return flows.

GateNews13m ago
Comment
0/400
No comments