Bitcoin Whales Just Bought $3B in BTC: Why Analysts Still Warn of More Pain Ahead?

Reports show whales accumulated about $3 billion worth of BTC, signaling significant large-holder buying. Analysts caution that despite this accumulation, near-term downside risks remain due to thin liquidity, concentrated holdings, macroeconomic uncertainty and leveraged derivative exposure. Whale buying may help establish medium-to-long-term support, but it does not remove the market’s vulnerability to liquidity shocks and forced liquidations.