Bitcoin (BTC) Holds Tight Range As Whales Ease Exposure

Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators. While the number of whale wallets has started to decline, on-chain data still reflects elevated interest from large holders. Technically, BTC remains in a consolidation phase, with weak EMA signals and mixed Ichimoku readings. Bitcoin Whales Pull Back: Early Sign of Fading Confidence? The number of Bitcoin whales—wallets holding between 1,000 and 10,000 BTC—has declined slightly in recent days, dropping from 2,015 on April 14 to 2,010 by April 16 source: https://beincrypto.com/bitcoin-holds-tight-whales-ease-exposure/