Latest Update
2026-10-01 11:35 UTC

Bitcoin: Purple Whales Buy $35M Native BTC on CVD Divergence

Bitcoin: Purple Whales Buy $35M Native BTC on CVD Divergence

Bitcoin whale data shows Purple entities purchasing $35M in bitcoin:native while Brown sells $5M, with FireCharts binned CVD highlighting volume splits at $84594.72.

Source

Analysis

Bitcoin whale flows diverged sharply as Purple entities accumulated roughly $35M in bitcoin:native while Brown Mega Whales offloaded $5M, according to FireCharts binned CVD indicator whale activity data posted by @MI_Algos. The split underscores ongoing institutional positioning in bitcoin:native trading volume vs wrapped BTC amid a bullish 4h structure where price holds at $84594.72 above the EMA50 support at $83615.27 and EMA200 at $79935.56, with MACD confirming a golden cross at 48.6 even as the pair tests upper Bollinger resistance near $84530.84 and RSI sits neutral at 58.14, suggesting continuation toward higher targets before any pullback to the 50-EMA.


Material Indicators

@MI_Algos

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