Bitcoin surges 8% from $81K low as Fed rate cut odds jump to 67% for December meeting. Chair Powell may override divided Fed officials to push through 25 basis point rate reduction. With the market speculating a Fed rate cut in December, Bitcoin has rallied by more than 8% since it went down below $81, 000 on Friday. According to Barclays Research, there is disagreement among Fed officials about the future of monetary policy. Moreover, Chair Jerome Powell might signal another 25 basis point cut. Powell Could Tip the Scales Toward Rate Reduction It looks like, Federal officials are quite divided on the issue of monetary policy direction. It has been reported that governors Stephen Miran, Michelle Bowman, and Christopher Waller are in favor of loosening rates at the meeting in December. On the other hand, President of the St. Louis Fed, Alberto Musalem and President of the Kansas City Fed, Jeffrey Schmid are inclined to keep the current range of 3. 75-4% without any further changes. Vice Chair Michael Barr, Philip Jefferson, Austan Goolsbee of Chicago, and Susan Collins of Boston are all quite uncertain about the matter and are slightly inclined to suggest holding the rates at their current level. In the meantime, Lisa Cook and John Williams are waiting for the economic data to come in and seem to be agreeable to another rate cut if the situation requires it. The CME FedWatch tool is currently indicating a 67% chance of a rate cut in December, which is a significant reversal from the 33% probability that was estimated right after Fed Williams’ remarks. According to Nick Timiraos, a reporter for the Wall Street Journal, if there is a rate reduction, Powell will have to be very vocal about it and persuade the rest of the committee to go along with the decision since they will be divided. Treasury Secretary Scott Bessent dismissed worries about inflation and recession after recent increases in the service economy said the increases had nothing to do with imported goods or tariffs. Bitcoin is trading close to $86,700 after it had made its 24-hour high at $88,038. The trading volume has been increased by 45% during this time. An analyst named Michael van de Poppe has located a CME gap at $85,200 and, therefore, he is expecting a Bitcoin short-term drop of a few hours or days before the latter will resume its upward trend and reach $90,000-$96,000 to establish support. Another weekly close of more than $86,000, according to Rekt Capital, may give Bitcoin the power to go to $93,000, however, if there is a rejection at that level, the prices could be trapped for a while. The revival momentum may be kept alive by the interaction of positive forces like spot Bitcoin ETFs, whale accumulation, and call options buying until the end of trading year. Highlighted Crypto News Today:.
https://bitcoinethereumnews.com/bitcoin/bitcoin-surges-8-as-powell-eyes-december-fed-rate-cut-push/
Tag Archives: accumulation
Shiba Inu Exchanges Losing SHIB: 207,000,000,000 in 24 Hours
**Shiba Inu Sees Massive Exchange Outflows: Is an Accumulation Phase Underway?**
Shiba Inu (SHIB) has reported another significant exchange outflow event, with 207 billion SHIB departing exchanges in just a 24-hour period. This stands out as one of the largest single-day withdrawals in months, signaling more than just a minor accumulation wave.
In a market where sentiment has been unstable, signals like this are especially important. According to CryptoQuant data, there was a net outflow of 121 billion SHIB on November 15 alone, with the trend continuing into November 16. Such consistent withdrawal activity points to a long-term strategy among holders.
When exchanges lose supply at this rate, spot selling pressure tends to dry up, sharply reducing the likelihood of a deep price breakdown. However, despite this bullish underlying activity, SHIB remains pinned under strong technical resistance.
**SHIB’s Technical Picture: Why Isn’t Price Breaking Out?**
Currently, Shiba Inu is trading between $0.0000090 and $0.0000093—a local support zone that has held firm several times, preventing a breakdown. Despite this resilience, SHIB is still far below all major moving averages, which have converged and are sloping downward, acting as dynamic resistance.
Momentum remains weak, with the Relative Strength Index (RSI) hovering around 39. Nevertheless, volume has stayed steady rather than collapsing, suggesting that holders are choosing to wait out the volatility rather than rushing to sell. This aligns perfectly with the recent outflow data: investors are removing tokens from exchanges because they’re prepared to endure market swings, not panic-sell.
**Accumulation Phase or Liquidation?**
Rather than entering a liquidation phase, SHIB appears to be entering an accumulation phase. For a strong upward move, the price needs to reclaim at least $0.0000105, where the first cluster of moving averages provides significant resistance. The next major resistance comes at $0.0000112.
So far, there hasn’t been a clear bullish breakout; the chart remains brutally honest about the hurdles ahead. Yet, something might be brewing beneath the surface: SHIB’s supply is vanishing from exchanges at a pace historically associated with significant trend shifts.
**Looking Ahead: Is a Recovery on the Horizon?**
While the price has yet to reflect these bullish undertones, SHIB may be laying the groundwork for a recovery leg if the outflow trend continues and the price manages to maintain its support zone. For now, SHIB holders seem ready to weather the storm, indicating strength rather than surrender as the market awaits the next big move.
—
*Stay tuned for more updates on Shiba Inu and other crypto news.*
https://bitcoinethereumnews.com/tech/shiba-inu-exchanges-losing-shib-207000000000-in-24-hours/
Whales Dump While the Rest Accumulate
Bitcoin (BTC) at $102,272.80 remains only marginally positive year-to-date, suggesting that 2025 has been a period of consolidation as the asset stabilizes around the $100,000 level.
Much of the recent price weakness appears linked to previously dormant coins re-entering circulation, according to on-chain data. Large holders, commonly known as whales, have been the primary distributors, driving the current downward pressure on the price.
This insight comes from The Accumulation Trend Score (ATS) by Glassnode. The ATS measures the relative accumulation or distribution behavior across different wallet cohorts, taking into account both the size of entities and the volume of coins they have acquired over the past 15 days. A value near 1 suggests that participants in that cohort are actively accumulating, while a value near 0 indicates they are distributing holdings. It’s important to note that exchanges, miners, and certain other entities are excluded from the calculation.
According to Glassnode data, whales holding over 10,000 BTC have been consistent sellers since August, marking three months of sustained distribution. Meanwhile, wallets in the 1,000–10,000 BTC range remain neutral, hovering around a score of 0.5. In contrast, all smaller cohorts (those holding below 1,000 BTC) are firmly in accumulation mode.
Earlier in the year, during the first four months, all cohorts were in deep distribution, which contributed to Bitcoin’s 30% decline to $76,000 in April, an event sometimes referred to as the “tariff tantrum.”
This data highlights a clear divide between whales and the rest of the market participants. For now, it appears that whales are still steering the price action.
https://bitcoinethereumnews.com/tech/whales-dump-while-the-rest-accumulate/
Chainlink Whales Accumulate 4M LINK: Bullish Signal?
**Whales Accumulate Over 4 Million LINK as Price Drops from $17.50 to Near $14**
Chainlink (LINK) holders, particularly large wallets, have added more than 4 million LINK tokens over the past two weeks, according to recent on-chain data. This accumulation occurred while the market price declined from above $17.50 to around $14.40, signaling potential positioning by bigger players during a broader market pullback.
### Significant Whale Activity Amid Price Decline
Wallets holding between 100,000 and 1,000,000 LINK increased their balances despite the weakening price trend. Ali, a market analyst, reported, “Whales have accumulated more than 4 million Chainlink LINK over the past two weeks!” This suggests that some large investors are taking advantage of the recent correction to strengthen their positions.
### Exchange Reserves Drop, Hinting at Off-Exchange Accumulation
At the same time, LINK reserves on centralized exchanges have decreased significantly. Data from CryptoQuant reveals that exchange-held LINK dropped from roughly 146.5 million tokens on October 31 to about 140.3 million by November 7—a decline of over 6 million tokens.
The withdrawal of tokens from exchanges often indicates longer-term holding intentions, reducing the immediate selling pressure in the market. When combined with whale accumulation, this trend can alter short-term supply dynamics. However, it’s important to note that this alone does not guarantee a price reversal.
### Momentum Indicators Remain Weak
Despite the whale activity, technical indicators continue to show bearish momentum for LINK. The token has lost 16.6% over the last seven days and declined 2.68% in the past 24 hours. Daily price charts reveal a clear pattern of lower highs and lower lows, reinforcing the current downtrend.
The Relative Strength Index (RSI) is hovering near 32.90, close to the oversold threshold of 30. This suggests that the market may be approaching a point where buyers could start stepping in. Meanwhile, the Moving Average Convergence Divergence (MACD) remains in negative territory with no bullish crossover signals, indicating that downside momentum persists.
### Market Outlook: Cautious Optimism Amid Uncertainty
The combination of whale accumulation and falling exchange reserves has sparked interest among traders and investors. While some view these signs as groundwork for a potential recovery, others remain cautious because the technical indicators have yet to confirm a trend reversal.
Ali emphasized, “Whales have accumulated more than 4 million Chainlink LINK,” but noted that short-term price movements will depend heavily on how LINK performs around current levels.
The market is closely watching for clear signs of stabilization or further declines. For now, traders should remain vigilant and consider both the on-chain activity and technical signals when assessing LINK’s next moves.
https://bitcoinethereumnews.com/tech/chainlink-whales-accumulate-4m-link-bullish-signal/
