Bitfinex Whales Cut Longs After December Peak; $135k Target Cited

Large Bitfinex accounts pared BTC longs after a late-December peak near 73,000 BTC, alongside an estimated 220,000 BTC decline in whale balances through 2025. Bitcoin is holding a tight $88,000–$92,000 band, with $94,000 viewed as near-term resistance. Some analysts map a prior spring-and-rally pattern that could extend toward $135k if confirmed.