Bitcoin owners sold $ 5.8 billion worth of cryptocurrency in just four days

The price of Bitcoin BTC $92,235.36 Mezo Wrapped BTC -2.24% Market capitalization $53.85 million VOL. 24 hours $1.37 billion has corrected after its peak on January 14, 2026, falling by almost 6% to around $ 92,000, but has maintained its overall bullish structure. Despite a 2.6% drop over the past day, the chart and online data indicate a controlled exit of profits rather than panic selling.

On the daily chart, Bitcoin continues to trade within the «cup and handle» formation, where the handle is formed above the rising support line. This indicates that buyers are ready to enter at higher prices, which usually leads to a breakout. The RSI indicator, despite the price decline, shows higher lows, which is a sign of easing pressure from sellers.

The decline in long-term holders partially explains the recent drop. The NUPL indicator dropped from 0.60 to 0.58, indicating profit-taking. In particular, from January 14 to 18, long-term holders sold about 62,656 BTC, which is 150% more than a few days ago.

At the same time, large holders (the so-called «whales»), who own more than 1,000 BTC, continue to accumulate the asset. Since January 12, the number of such players has grown from 1,273 to 1,290, and this trend has not stopped even as the price has fallen. This partially offsets the pressure from those who are taking profits.

Now the key levels for continued growth are $ 95,200 and $ 98,800. If these marks are overcome, it will open the way for growth of about 13% to $ 111,800. In case of failure, the nearest support zone is in the range of $ 88−90 thousand, where liquidity is already concentrated.