Asia Morning Briefing: Bitcoin Holds Above $114K as Whales Absorb Supply and Shorts Rebalance
Market Intelligence Analysis
AI-PoweredBitcoin remains stable above $114K as whale investors continue to accumulate, absorbing supply despite a significant amount of BTC moving out of long-term storage. The market shows signs of stabilization with a reduction in short positions, indicating a potential for further price support.
Market impact analysis based on bullish sentiment with 85% confidence.
Article Context
On-chain data shows roughly 62,000 BTC have moved out of long-term storage since mid-October, softening one of this cycle’s strongest tailwinds. But steady whale accumulation and a moderate short-side cleanup helped prices stabilize near $114K.
Analysis and insights provided by AnalystMarkets AI.