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2026-04-02
08:49

Bitcoin demand turns negative, triggering an alert: giant whales keep reducing holdings, and selling pressure could suppress upside potential for a rebound

In April 2026, after Bitcoin pulled back for five consecutive months and then stabilized, demand remained weak, apparent demand was negative, and sell pressure was higher than buying. Bitcoin transfers by large mining companies and asset management institutions were seen as a sell-pressure signal; the whale cohort shifted to reducing holdings, and retail selling became even more pronounced. With market supply-demand imbalance, the upside room for a near-term rebound was limited.
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BTC-1,72%