Bitcoin Whales Spark Bullish Surge as Open Interest Delta Turns Positive

Bitcoin’s 7-day Open Interest Delta turns positive, showing renewed whale accumulation and a growing appetite for high-leverage long positions.

Whale Position Sentiment is increasing, reflecting large $1M+ trades backing Bitcoin's bullish momentum toward a possible $113,000 target.

Analysts observe $108K forming a Last Point of Support, suggesting a stable price base for Bitcoin’s continued upward movement.

Bitcoin whales are once again taking aggressive long positions, indicating renewed bullish momentum in the current market trend.

Whale Activity Signals Renewed Bullish Sentiment

Data from Alphractal suggests that the 7-day Open Interest Delta has shifted back to positive territory. This movement reflects a renewed surge in bullish bets among large-scale investors. The indicator, which tracks changes in open interest over a seven-day period, suggests that capital inflow is increasing again from major players.

Additionally, the Whale Position Sentiment has started to climb. This tool measures market sentiment by combining open interest and trades valued at $1 million or more. When this metric rises, it has historically aligned with price growth. According to Alphractal, the indicator has demonstrated a 93% historical correlation with Bitcoin's price action.

This development indicates that institutional players are positioning themselves ahead of potential price acceleration. Analysts often interpret the rising indicator as a precursor to upward momentum in the market.

Whale Strategy Targets Bearish Liquidity Zones

Joao Wedson, another market analyst, added that Bitcoin has reached $108,000 and may be nearing a crucial price region. He referred to this zone as the Last Point of Support (LPS), a common accumulation area in technical setups. According to Wedson, this price base may serve as a foundation for the next leg upward.

He also mentioned that the recent whale behavior appears to be aimed at targeting areas with concentrated bearish liquidity. By pushing prices higher, these large players could force short positions into liquidation, thereby accelerating the upward move. Until clear consolidation occurs, Wedson believes a push toward $113,000 remains within reach.

Sentiment Oscillator Aligns with Price Momentum

The Whale Position Sentiment remains a key indicator for institutional sentiment. Historically, when this oscillator drops during rising prices, it may signal hidden short positions by whales. Currently, however, the indicator is on the rise—further reinforcing the upward market trajectory.

This synchronized movement between rising whale sentiment and price action may provide traders with additional market insight. By closely monitoring the Open Interest Delta and high-volume trades, observers gain a clearer understanding of institutional strategy during key price developments.

Market participants are paying close attention, as whales continue to influence Bitcoin’s direction in the current trading cycle.

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