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Bitcoin's elite wallets hit 6-month high as whales accumulate, eyeing a breakout above $65,551 resistance.

Technical Signals
11 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Bitcoin's largest holders increased their share of circulating supply, with 90 wallets holding at least 10,000 BTC—a six-month high. This growing whale concentration suggests stronger hands are accumulating, supported by a falling NVT ratio that indicates improved transaction value relative to valuation. However, Bitcoin's price remains range-bound between $62,398 support and $65,551 resistance, needing a clear breakout above $65,551 to confirm bullish momentum. Liquidity clusters near resistance add pressure, making the next price move critical for a potential rise toward $70,000 or a fallback to lower supports.

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