header-langage
简体中文
繁體中文
English
Tiếng Việt
한국어
日本語
ภาษาไทย
Türkçe
Scan to Download the APP

Analysis: BTC Struggles to Break Through the Mega Whale Accumulation Zone of $93k to $118k, the Lower Support Gap Has Been Filled

2025-08-28 17:29

BlockBeats News, August 28th, on-chain data analyst Murphy released a market chip structure analysis. One month ago, due to BTC's rapid surge, there was almost no turnover in the price range of $112,000 to $114,000, causing a gap in the chip structure (URPD). According to usual experience, all "gaps" on URPD will be filled.


One month later, as of August 27th, the gap between $112,000 and $114,000 has been completely filled, connecting the original high and low chip accumulation zones to form a large chip accumulation zone ranging from $93,000 to $118,000. Within this range, 5.59 million BTC are accumulated, meaning that from November 20, 2024, to the present, in a short 9-month period, over 5 million BTC have been bought in this price range, accounting for 28% of the total circulation. If we exclude chips that are lost or held in long-term "HODL" like Satoshi Nakamoto's holdings, this portion's percentage is even higher.


If there are no sudden "black swan" events, BTC's price will find it difficult to break through this range. For example, the current BTC is supported at the STH-RP $108,000 position, with 42 BTC supporting at the $104,000 position below. Currently, there are no obvious gaps on URPD, with only a shallow gap between $72,000 and $80,000. This information is for learning and communication purposes only and should not be considered as investment advice.

举报 Correction/Report
This platform has fully integrated the Farcaster protocol. If you have a Farcaster account, you canLogin to comment
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish