Bitcoin Whales Reduce Leveraged Positions, Market Eyes Bullish Upside

BlockChainReporter
BTC-0,82%

Bitcoin ($BTC) has again become the center of attention across the crypto market with the latest holder behavior. In this respect, the big $BTC holders are reportedly closing their leveraged long positions. As per the data from “That Martini Guy ₿,” this scenario historically takes place ahead of massive bullish rallies. Thus, the market onlookers are keenly watching for the potential outcomes of this market outlook.

BULLISH 🚨LARGE BITCOIN HOLDERS ARE CLOSING LEVERAGED LONGS!This move has historically caused major bullish breakouts! Here we go! 🚀 pic.twitter.com/0x0HlaIPMN

— That Martini Guy ₿ (@MartiniGuyYT) January 11, 2026

Bitcoin Signals Imminent Bull Run as Large $BTC Holders Begin Closing Leveraged Longs

As the on-chain data puts it, the large holders of Bitcoin ($BTC) are taking a radical step of closing long leveraged positions. The respective development is significant in line with its timing. Specifically, such a move often occurs before a huge bull rally. Additionally, Bitcoin’s ($BTC) trajectory during the past 2 cycles presents a similar scenario. 1st of these instances took place between October and November in 2024. At that time, $BTC/USD jumped by 57.35% over forty-three days, raising almost $38,771 Bitcoin’s value.

Following that, the second instance took place between April and May last year. Hence, the price rallied by 46.69% over forty-four days, resulting in gains of over $35,649. This reaffirms the pattern of notable price hikes following the closure of big leveraged $BTC long positions.

Price Consolidation Below $91K Threshold Further Fuels Bull Rally Speculation

At the moment, Bitcoin ($BTC) is changing hands at $90,673, below the $90K threshold, as witnessed in the previous price rallies. Keeping this in view, there is a high chance for the flagship crypto asset to enter a bull market in the near term. Nevertheless, whether the current closure of leveraged longs leads to a bullish trajectory or not remains to be seen, as uncertainty remains.

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