Bitcoin Whales Buy 16,010 BTC on Pullback as Korean Bank Backs Crypto Loans

Bitcoin whales accumulated 16,010 BTC over five days as prices retreated from $87,000 toward $80,000, lifting large-holder balances by 0.305% from 5,247,316 BTC to 5,263,326 BTC. This follows a broader one-month accumulation of roughly 84,000 BTC, which improved apparent demand from -205,000 BTC to -22,000 BTC after an earlier phase where whales offloaded over 30,000 BTC. Bitcoin now confronts resistance near $84,569, where roughly 800,000 BTC previously changed hands, amid institutional developments including South Korea's Jeonbuk Bank offering Bitcoin-backed corporate loans.