Bitcoin price continues to face resistance around the $90,000 level, while a large-scale buyer has reportedly increased purchasing activity, according to statements from a cryptocurrency industry executive. Summary A Bitfinex whale is reportedly buying around 450 BTC per day near $90k, roughly matching daily mining supply at current prices. Glassnode flags a moderate bear phase, with market mean near support and short-term holder cost basis capping BTC with dense supply above $98k–$100k. Derivatives show dealers short gamma below $90k and long above it, options skew front-loaded, and futures participation thin,…
Bitcoin price movements as whale soaks up BTC at $90k — can price finally break higher?
