Bitcoin Price Prediction: Onchain Data Reveals Something Unusual – Whales Still Aren’t Taking Profits. What Do They Know?

Bitcoin’s price is steady near $123,000, consolidating after briefly reaching $126,000 this ￰0￱ data shows that large holders are still not selling, even as prices approach record ￰1￱ to CryptoQuant, realized profits over the past 30 days stand at 0.26 million BTC (around $30 billion), almost 50% lower than July and well below the profit levels seen during the March and December 2024 ￰2￱ low level of profit-taking indicates that long-term investors continue to hold rather than exit the market. “As long as realized profits remain positive and trending higher, the market can still extend its uptrend,” said Julio Moreno, Head of Research at CryptoQuant.

Historically, a drop in realized profits has coincided with cycle peaks, as long-term holders begin reducing exposure. Short-term investors have taken limited gains, averaging only 2%, compared with 8% margins often seen near market tops. Long-term holders, meanwhile, still have unrealized gains of around 129%, far below the 300% range that has previously marked overheated ￰3￱ insights from the latest data: Profit-taking remains low: Realized gains are down roughly 50% since July. Long-term holders are steady: Average unrealized gains are well below prior cycle ￰4￱ still stable: The data suggests ongoing accumulation rather than broad selling.

Overall, the data points to a steady market ￰5￱ limited selling pressure and controlled profit-taking, Bitcoin’s rally appears supported by conviction rather than ￰6￱ Patterns Point to Continued Accumulation Data from CryptoQuant indicates that long-term “OG” wallets, which are addresses holding Bitcoin for over ten years, have been largely ￰7￱ 5,000 BTC were moved in the past month, about half the volume seen during the 2024 market ￰8￱ lack of movement, combined with low profit-taking, suggests that long-term holders are staying put, indicating a market top may still be some distance ￰9￱ note that realized profits, while modest, continue to trend upward every year, a pattern historically linked to steady price growth rather than ￰10￱ analysts share a similar view, arguing that Bitcoin remains undervalued relative to gold and could rise toward $165,000 if ETF inflows and demand for inflation-resistant assets ￰11￱ observations from current on-chain data: Long-term holders inactive: Only 5,000 BTC moved this month, signaling low selling ￰12￱ trend improving: Realized profits rising gradually ￰13￱ outlook positive: JPMorgan sees potential upside toward $165,000.

Together, these signals point to continued accumulation rather than distribution, suggesting that investors view current levels as part of an ongoing growth phase rather than a topping ￰14￱ Technical Structure Supports a Push Toward $130K From a technical standpoint , Bitcoin remains in a well-defined ascending channel, supported by the 50- and 100-period SMAs at $122,000 and $116,700, ￰15￱ action has consistently formed higher lows since mid-September, confirming buyers’ ￰16￱ Price Chart –) between $128,000 and $130,000. RSI readings near 53 suggest stable momentum, but a bearish divergence could emerge if Bitcoin breaks above $126,200 without further RSI strength, a signal that short-term consolidation may follow.

A decisive breakout above $126,240 would open the path toward $130,000, completing the harmonic pattern and marking a likely short-term resistance ￰17￱ to hold $122,000 could trigger a pullback toward $118,500, aligned with the channel’s lower ￰18￱ is in a strong ascending channel, with support at $122K and $116.7K. A breakout above $126.2K could drive a move toward $130K, completing a bearish butterfly ￰19￱ to hold $122K may trigger a pullback to $118.5K, but the broader uptrend still targets $135K into ￰20￱ — Arslan Ali (@forex_arslan) October 9, 2025 Still, the broader market structure remains ￰21￱ accumulation deepens, a sustained breakout above $130,000 could propel Bitcoin toward $135,000, extending its dominant uptrend into ￰22￱ investors eyeing long-term positions, any retracement near $121K–$122K may represent an ideal accumulation zone before the next leg ￰23￱ Maxi Doge ($MAXI) Blends Meme Power With Gym-Bro Energy Maxi Doge ($MAXI) is a meme-fueled token designed for degens who thrive on 1000x leverage and relentless ￰24￱ than just a meme coin, $MAXI represents a community-driven culture that fuses trading intensity with gym-bro energy, caffeine, and competitive ￰25￱ holding $MAXI, investors unlock staking rewards, trading contests, and access to gamified partner ￰26￱ smart contract has been audited by SolidProof and Coinsult, giving added confidence in the project’s ￰27￱ is ￰28￱ presale has already raised over $2.87 million, with tokens priced at just $0.0002615.

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