The Bitcoin holder accumulation behavior reveals wholecoiner inflows to Binance have collapsed to 2018 levels at 6,500 BTC yearly average, signalling large holders are keeping coins off exchanges despite short-term price volatility. While retail investors continue panic-selling during pullbacks with 1,208 BTC daily inflows, accumulation wallets absorbed over 6,400 BTC on December 10, and centralized exchange balances dropped from 3.44 million to 2.49 million BTC—indicating a fundamental shift toward long-term holding and self-custody.
Key Insights
- According to analysts, Bitcoin’s price currently faces heavy order-book pressure near $87,000.
- Large exchange inflows have raised short-term supply concerns.
- Meanwhile, strong holder behaviour is keeping Bitcoin above major support.
Bitcoin remains locked in a tight range as traders watch its every move. Price action near $87,000 is showing strong resistance as buyers and sellers continue to fight for control. So far, this Bitcoin liquidity battle has turned into the main story of the week.
Bitcoin currently trades above $85,000 after its most recent pullback as order-book data shows thick liquidity on both sides.
Bitcoin Liquidity Battle Forms Around $87,000
Bitcoin price met heavy sell orders as Wall Street opened earlier this week. Data from TradingView showed this struggle as buyers tried to push higher and sellers stacked orders above $87,000.
Material Indicators shared Binance order-book data on X. Based on this data, bid liquidity gathered near $85,000, while ask liquidity built up above $87,000. This setup created a narrow trading zone.
Waking up to a battle in the $BTC order book…
Bid liquidity is concentrating at $85k to defend support at the 100-Week SMA…
Meanwhile asks are stacking above $87k to suppress a break out.
Both concentrations of liquidity could be considered guardrails ahead of today’s… pic.twitter.com/WrSxoErGlX
— Material Indicators (@MI_Algos) December 16, 2025
The 100-week simple moving average currently sits near $84,646 and traders are treating this level as strong support.
Bitcoin Liquidity Battle and Short-Term Price Targets
Bitcoin dropped near $85,000 earlier in the week, and buyers stepped in quickly. However, traders feared another sharp sell-off during US hours.
Analyst Crypto Tony shared views on X, in which he said that he expected a stronger bounce closer to $84,000.
This reaction to me is sub par and i would think if we dropped below to $84,000 region, we would get a better reaction for a long off the liquidity there. pic.twitter.com/mgoioqzent
— Crypto Tony (@CryptoTony__) December 16, 2025
Meanwhile, some market watchers are eyeing thin resistance above current levels, as others pointed to a possible run toward $95,000 if sellers lose control. However, that move would require clearing the already-stacked ask orders above $87,000.
Large Bitcoin Transfer Draws Market Attention
While all of this happened, a major Bitcoin transfer added tension to the mix. Whale Alert reported that 3,000 BTC moved into Binance this week, and this value was worth around $260 million.
Arkham data linked the wallets to Matrixport and noted that two connected wallets sent nearly 4,000 BTC into Binance the same day.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 3,000 #BTC (260,387,071 USD) transferred from unknown wallet to #Binancehttps://t.co/bzJwJVGZUd
— Whale Alert (@whale_alert) December 17, 2025
Bitcoin price hovered near $86,600 after the deposit, and the price has failed to hold above $90,000 for weeks.
Holder Behavior Supports Bitcoin Price
Meanwhile, long-term holders continue to provide support. Data from Glassnode shows that Bitcoin treasury balances are growing and public companies keep adding BTC despite recent drawdowns.
Bitcoin currently trades below its October high near $125,000. Even so, corporate holders have avoided panic selling, despite many equities tied to Bitcoin trading below mNAV.
In addition, the short-term holder to long-term holder supply ratio has reached 18.4%, and this level stands above historical bands.
Bitcoin Liquidity Battle Keeps Price Range Tight
Bitcoin currently trades near $86,500 at last check as support holds near $86,361 and resistance sits close to $90,401.
This being said, a move above resistance could restore confidence, but buyers would need sustained volume.
Failure to hold support could open the door to a drop towards $84,698. A deeper drop could even cause a test of $82,503.
Traders now seem to be on the lookout for fresh data from here. The Consumer Price Index release later in the week could be a great source of improved sentiment if it comes in as positive.
In all, Bitcoin’s liquidity battle zones are showing a stronger positioning as short-term traders react quickly and long-term holders stand their ground.
Disclaimer: This article is intended solely for informational purposes and should not be construed as financial advice. Investing in cryptocurrencies involves substantial risk, including the possible loss of your capital. Readers are encouraged to perform their own research and seek guidance from a licensed financial advisor before making any investment decisions. Voice of Crypto does not endorse or promote any specific cryptocurrency, investment product, or trading strategy mentioned in this article.
