Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

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.

More News

Oculis' Phase 3 trials for OCS-01 in diabetic macular edema fail primary vision improvement endpoint.

Oculis' Phase 3 trials for OCS-01 in diabetic macular edema fail primary vision improvement endpoint.

Oculis announced that its Phase 3 DIAMOND trials for OCS-01 eye drops in diabetic macular edema did not meet the primary endpoint of improved visual acuity after 52 weeks. However, the treatment showed significant and lasting reduction in retinal thi...

Company Fundamentals
Bearish
1 hour ago
Allied Gold receives key regulatory approvals, extends deal deadline with Zijin Gold to July 29, 2026.

Allied Gold receives key regulatory approvals, extends deal deadline with Zijin Gold to July 29, 2026.

Allied Gold Corporation announced that Zijin Gold has received approval under the Investment Canada Act for its proposed acquisition of Allied Gold. This approval completes the Canadian regulatory process for the transaction. The deal has also cleare...

Company Fundamentals
Bullish
1 hour ago
Kentucky First Federal Bancorp may resume quarterly dividends up to $0.10 per share after a special board meeting on July 28, 2026.

Kentucky First Federal Bancorp may resume quarterly dividends up to $0.10 per share after a special board meeting on July 28, 2026.

Kentucky First Federal Bancorp announced a special board meeting on July 28, 2026, to consider resuming quarterly dividends on its common stock, potentially up to $0.10 per share. The company has suspended dividends since November 2023, and no final ...

Company Fundamentals
Neutral
2 hours ago
Universal Music Group rejects Pershing Square's undervalued buyout proposal, confident in growth strategy.

Universal Music Group rejects Pershing Square's undervalued buyout proposal, confident in growth strategy.

Universal Music Group's Board of Directors unanimously rejected an unsolicited buyout proposal from Pershing Square Capital Management, stating it undervalues the company and won't create superior value. The Board, supported by shareholders, highligh...

Market News
Neutral
3 hours ago
Cuprina completes reverse stock split, appeals Nasdaq delisting to maintain listing.

Cuprina completes reverse stock split, appeals Nasdaq delisting to maintain listing.

Cuprina Holdings completed a reverse stock split on May 27, 2026, aiming to meet Nasdaq's minimum $1.00 bid price requirement after failing to regain compliance. The company requested a hearing with the Nasdaq Hearings Panel to appeal a delisting det...

Company Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App