CoinRabbit: Whale USDT Borrowing Surges 83%

CoinRabbit data cited by Ki Young Ju shows USDT borrowing by users posting $10M+ in BTC jumped 83% in September while retail borrowing dropped 17%. Whales are using the loans to acquire more crypto or other assets and now hold 3.03M BTC, the highest level since November 2025.

Bitcoin trades at $83245.25 on the 4h chart inside its Bollinger Bands with the upper band at $84251.73 acting as immediate resistance. The EMA50 at $83462.54 caps upside while the EMA200 at $82321.64 provides deeper support. MACD has printed a golden cross at -9.18 even as RSI sits neutral at 49.77, suggesting any push into the upper band will likely meet selling that returns price to the 50-EMA before the next leg higher.