{"id":8515,"date":"2025-08-22T06:03:03","date_gmt":"2025-08-22T06:03:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-dips-to-112k-as-retail-dumps-but-whales-keep-buying\/"},"modified":"2025-08-22T06:03:15","modified_gmt":"2025-08-22T06:03:15","slug":"bitcoin-price-dips-to-112k-as-retail-dumps-but-whales-keep-buying","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-dips-to-112k-as-retail-dumps-but-whales-keep-buying\/","title":{"rendered":"Bitcoin price dips to $112K as retail dumps but whales keep buying"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin price slipped to $112,828 on Aug. 22, down 1.4% on the day as retail demand cooled while whales quietly accumulated.<\/p>\n<div id=\"cn-block-summary-block_ce7206fb19c78c2b2a607b0ed46dbc24\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin trades at $112,828, 9.3% below its Aug. 14 all-time high of $124,128.<\/li>\n<li>Retail demand is fading, but whales bought 16,000 BTC in the past week.<\/li>\n<li>Technicals show $112K as key support; failure could push prices toward $105K.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bitcoin (BTC) is now 9.3% below its peak of $124,128 reached on Aug. 14 and down 6% for the month. With daily spot volume falling 23.9% to $31.58 billion, trading activity has slowed significantly, indicating cooling momentum.<\/p>\n<p>Alongside spot weakness, derivatives activity is declining, as per Coinglass market <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/BTC\" target=\"_blank\">data<\/a>. While open interest increased by 0.3% to $81.43 billion, futures volume fell 16.7% to $66.17 billion. A decline in volume and an increase in open interest indicate that traders are being cautious and holding onto their positions rather than closing them.<\/p>\n<h2 class=\"wp-block-heading\">Retail demand fades while Bitcoin whales step in<\/h2>\n<p>According to an Aug. 21 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ja_maartun\/status\/1958415083677053207?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">post<\/a> on X by CryptoQuant analyst Maartunn, retail demand fell 5.7% over the past week. He described smaller buyers as \u201ctourists\u201d who are quick to leave when prices turn volatile. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Retail has already left. \ud83e\udd14<\/p>\n<p>\ud83d\udd39\ufe0fRetail Demand Change sits at -5.7%. <\/p>\n<p>They&#8217;re the tourists of the crypto market here for the hype, gone when it fades. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/qiu0aXJpxB\">pic.twitter.com\/qiu0aXJpxB<\/a><\/p>\n<p>\u2014 Maartunn (@JA_Maartun) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/JA_Maartun\/status\/1958415083677053207?ref_src=twsrc%5Etfw\" target=\"_blank\">August 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Maartunn also <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ja_maartun\/status\/1958613300746588419?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">noted<\/a> that Bitcoin has now retested the $112,000 zone, its former record high, twice in a short span. He cautioned that repeated retests often weaken support and can foreshadow deeper losses.<\/p>\n<p>Yet large holders appear to be taking the opposite view. CryptoQuant contributor Caueconomy, in an Aug. 22 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68a7290feae98556c03c0221-Whales-Take-Advantage-of-Dip-to-Accumulate-Bitcoin?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=caueconomy\" target=\"_blank\">analysis<\/a>, reported that whales purchased over 16,000 BTC in the past seven days. Similar accumulation preceded a brief rebound earlier this month, suggesting that some investors may view the current levels as a buying opportunity.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">On-chain signals point to early BTC market reset<\/h2>\n<p>Short-term holders who purchased between $113,000 and $120,000 are currently sitting at slight losses, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/glassnode\/status\/1958572903920017746?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">data<\/a> shared by Glassnode on Aug. 21. At the moment, their Spent Output Profit Ratio falls between 0.96 and 1.01. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Anatomy of a Local Bottom<\/p>\n<p>1- When the market enters a post-ATH contraction phase, short-term price action is often shaped by how top-buyers react to growing unrealized losses.<\/p>\n<p>Right now, a dense cluster of supply, accumulated between $113k and $120k since early July,\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/qn7CMnBJcH\">pic.twitter.com\/qn7CMnBJcH<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/glassnode\/status\/1958572903920017746?ref_src=twsrc%5Etfw\" target=\"_blank\">August 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In the past, local bottoms tend to form when this ratio dips closer to 0.9, indicating deeper capitulation. Current readings imply that the market is in the early stages of a possible reset, even though they do not confirm a bottom.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price technical analysis<\/h2>\n<p>Bitcoin is testing the lower edge of its Bollinger Bands, often a sign of oversold conditions but also a warning of heightened volatility. At 42, the Relative Strength Index is neutral but on the decline. Momentum indicators are bearish, with the MACD showing a negative crossover and short-term moving averages (10\u201350 day) indicating continuous pressure.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Bitcoin daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>\u00a0Longer-term moving averages (100 and 200 day) continue to be supportive, highlighting Bitcoin\u2019s overall upward trend. Oscillators like the Williams percentage rate and stochastic RSI suggest that there might be a chance for a short recovery.<\/p>\n<p>If whales continue to accumulate and the $112,000 support holds, Bitcoin might try to recover towards $118,000. If this level is not held, it may reach the next crucial support zone, which is in the $105,000\u2013$108,000 range.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price slipped to $112,828 on Aug. 22, down 1.4% on the day as retail demand cooled while whales quietly accumulated. Summary Bitcoin trades at $112,828, 9.3% below its Aug.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8515"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8515\/revisions"}],"predecessor-version":[{"id":8516,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8515\/revisions\/8516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7151"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}