Bitcoin Whales Add 14,335 BTC as $83,300–$84,600 Support Zone Emerges

Since Oct. 1, Bitcoin (BTC) whales accumulated 14,335 BTC, while trading activity identified a potential support zone that could shape the market’s near-term price action.

The accumulated Bitcoin was valued at about $1.22 billion. About 1.59 million BTC changed hands between $83,300 and $84,600, a range identified as a major support zone. The trading volume does not establish how the price will move.

A separate market assessment suggested larger selling pressure may not emerge until around $105,000 if Bitcoin holds the support zone and breaks above $86,700. That price scenario is conditional on both levels being met.