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Bitcoin whale moves spark concerns of deeper correction amid macro pressures.

Technical Signals
28 Sep 2026
AMBCrypto
View Source
Bearish
Bitcoin whale moves spark concerns of deeper correction amid macro pressures.

Bitcoin's recent 2% price pullback to around $82k is seen as a possible liquidity sweep causing leveraged long positions to unwind, with over $250 million in long liquidations reported. Despite this, Bitcoin ETF demand remains stable, suggesting the correction might be a normal deleveraging cycle before another attempt to break $87k in early October. However, two large Bitcoin whale moves totaling 4,500 BTC within a week have raised concerns about potential selling pressure, especially amid rising U.S. Treasury yields and macroeconomic uncertainty. While Bitcoin's exchange balances are at a four-month low, these whale activities combined with weakening technicals and macro fears could signal a deeper correction if exchange balances start to rise.

Bitcoin's market cap on Pluang stands at Rp30.194,61 trillion as of Sep 29, 2026 08:21 WIB, with a 24-hour trading volume of Rp755,9 trillion. Despite the recent 2% correction noted in the article, Bitcoin's price on Pluang is down by 1.02% over the past day, trading at Rp1.490.791.013. Pluang data shows a typical hold time of 110 days and a buy order activity of 66%, indicating sustained investor interest even as whale movements and macroeconomic concerns add complexity to the market dynamics.

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