Bitcoin Whales Unload $3.4B in December; BTC Stalls at $92K Resistance: Glassnode
Affected assets and topics
Why it matters
Bitcoin's largest holders have sold or redistributed a significant amount of BTC, totaling approximately $3.4 billion, as the cryptocurrency struggles to surpass the $94,000 resistance level. This selling activity may indicate a bearish sentiment among major holders, coinciding with recent market developments following a Federal Reserve rate cut.
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Expected market reaction
Market impact analysis based on bearish sentiment with 72% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- openai-gpt-4o-mini
- Analysis version
- openai-gpt-4o-mini
- Article id
- 21606
Original source
Bitcoin’s largest non-exchange holders are de-risking. The 10,000 to 100,000 BTC cohort has sold or redistributed 36,500 BTC (approx. $3.4 billion) since December 1, according to Glassnode data.The distribution coincides with Bitcoin’s struggle to break the $94,000 resistance level following Wednesday’s Federal Reserve rate cut. BTC traded at $92,250 (-0.2%) ...
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on December 12, 2025. Analysis and insights provided by AnalystMarkets AI.