Whale Demand Buys Time for Bitcoin as Retail Selling Persists

Bitcoin's recent price rally has come under pressure as smaller holders reduce their exposure to the asset, while larger wallets continue to accumulate.

According to CoinGecko data, Bitcoin is currently trading at around $77,671 with a 24-hour trading volume of roughly $77.15 billion and a market capitalization of about $1.56 trillion.

A notable divergence between retail and whale investors has been observed in on-chain data, with smaller wallets showing significant distribution activity while larger wallets continue to accumulate.