Coinbase whales just moved their sell orders up to $88,000 A few days ago, we were watching the $80,000 sell pressure, but it never really dumped in the end. Previously, Binance and Coinbase whales had stacked $49.72M in sell orders at the $80,000 level, but both of those large orders were eventually pulled. The Coinbase order only executed $192.8K. Now, the pressure dynamics have shifted. Coinbase whales have recently placed around $38.37M in sell orders at $88,000, pushing the resistance level higher. At the same time, the chip structure is also moving up: - BTC has broken out of the upper range of this year’s chip value zone at $77,060 - It’s now testing the new chip zone at $80,000–$81,600 In other words, the market is trying to turn $80,000–$81,600 into a new support zone, while the next major sell pressure from whales has moved up to $88,000. The pressure hasn’t disappeared—it’s just been pushed higher.