Bitcoin whales have poured in nearly $500 million! ETFs have attracted $286 million in two days; are the bulls about to give up at $81,000?

Following the Fed's decision, BTC briefly surged to $81,700 before retreating to the $81,000-$81,500 range. Just as ETF inflows began to recover, whales started intensively transferring their holdings! With institutional investors buying on one side and whales preparing liquidity on the other, who will influence the price first? 📊 Whale Operations and Fund Breakdown: ● ETFs attract $286 million in two days — On October 27-28, US spot BTC ETFs reportedly saw continuous net inflows, indicating a recovery in institutional demand, but BTC still failed to break through $81,700. ● Three whales transferred nearly $500 million — Around October 28, three whales transferred a total of 6,168 BTC (approximately $498.5 million) to Coinbase Prime. The transfer may have been used for custody, trading, or hedging, and it cannot yet be concluded that they have sold off their holdings. ● A whale that had been dormant for 16 months has also made a move — a whale with an initial cost of about $105,000 has transferred 438 BTC (about $35.38 million). Based on current prices, this batch of coins is still at a paper loss. ● Whales reduced their holdings by 8,162 BTC — According to analysts, whales have recently reduced their holdings by approximately $664 million and realized profits of approximately $156 million. Some large holders are taking profits or adjusting their positions. ● Exchange net outflow suddenly reversed — On October 27, there was a net outflow of over 10,000 BTC, but on the 28th, it turned into a net inflow of approximately 7,306 BTC. Exchange holdings increased, but whether this will create selling pressure depends on actual trading volume. ● The Fed failed to deliver a breakthrough — interest rates remained between 3.75% and 4%, and BTC retreated after an initial surge. Short-term bulls still face pressure from cautious macroeconomic policies and weak spot demand. 💡 Next, keep an eye on two prices: $81,700: The high point reached after the Fed's decision. Only if it holds above this level will the rebound have a chance to extend towards $82,500. $80,000: A key support level for the bulls. A breach of this level could lead to a retest of the previous lows of $79,370-$79,506. ETFs bought $286 million in two days, while three whales transferred nearly $500 million worth of BTC. Around $81,000, bulls await a breakout, while bears watch for selling pressure—whether these whales will sell their holdings could be a key variable in the next market move. Risk Warning: The views, conclusions, and suggestions in this article are for reference only and do not constitute investment advice. Investing involves risks; please invest cautiously.