Bitcoin Price Resistance Test Follows 113,950 BTC Accumulation
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Cryptonews
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Sep 24, 2026 at 8:12 AM UTC · 3 dk okuma
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bitcoin
Market Impact
BTC+0.69%$84,669
Last Updated
17 saat önce
Çevriliyor…
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Ahmed Barakat
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Ahmed Barakat
Part of the Team Since
Mar 2024
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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CryptoNews Editorial Team
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Sep 2018
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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
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Wallets holding between 100 and 1,000 BTC have added 113,950 Bitcoin since July 15, lifting their combined holdings 2.22% to 5.24 million BTC, according to Santiment. The accumulation run coincides with Bitcoin price briefly tapping $87,000 earlier this week before retracing and stabilizing near $84,000.
Is this durable demand building a base for a breakout, or is it a squeeze-driven bounce that stalls the moment leverage unwinds?
Not everyone is convinced this move reflects a genuine shift in risk appetite. Trace Finance co-founder Bernardo Brites says that the speed of the recovery was partly a function of a short squeeze, and that the bigger question is where the new money is actually coming from.
Market Context
Bitcoin
BTC
$84,629
+0.64% (24H)
Market Cap
$1.70T
24H Volume
$27.8B
24H High
$84,915
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