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Bitcoin whale holdings shrink fastest this year amid bearish signs and $9B options expiry.

Market News
29 May 2026
TheNewsCrypto
View Source
Bearish
pluang ai news

Bitcoin whale accounts holding 1,000 to 10,000 BTC have seen the fastest balance shrinkage this year, signaling a shift from accumulation to modest distribution similar to 2022's bear market. Bitcoin briefly rose above $72,500, triggering $342 million in liquidations, but bearish sentiment remains strong ahead of a $9 billion monthly options expiration dominated by puts. The holding structure deterioration and slowing growth in large holders suggest sustained price weakness may continue as geopolitical and macroeconomic challenges weigh on the market.

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Bitcoin miners face revenue drop but keep accumulating, pushing BTC price slightly above $65K.

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Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

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Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

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