Bitcoin fell after investors yanked more than $1.3 billion from US spot Bitcoin ETFs in just days. BTC USD hovered near $86,000, down about 7% on the week, as steady selling hit the market.
BTC USD price slipped below $90,000 after heavy selling pressure from US spot Bitcoin ETFs. Investors pulled out more than $1.3 billion in just days, with outflows hitting every session in the recent week. The largest weekly redemption since earlier periods reached $1.33 billion, led by big names like BlackRock’s IBIT seeing hundreds of millions in redemptions.
2/ Bitcoin Spot ETFs: -$1.328B net outflow (2nd largest weekly outflow ever)
Top outflows:
– IBIT: -$537M (historical +$62.9B)
– FBTC: -$451M (historical +$11.46B)AUM: $115.88B | Mkt cap ratio: 6.48% | Cumulative: +$56.49B
Track: https://t.co/u8iIu5RQOM#BTC #BitcoinETF
— SoSoValue (@SoSoValueCrypto) January 26, 2026
This follows a pattern seen before: November 2025 recorded record ETF outflows of around $3.47 billion. Bitcoin now trades roughly 29–30% off its October 2025 peak near $126,000. Some market watchers view the consolidation as normal, with longer-term trends mattering more than short-term noise
EXPLORE: Ethereum Spot ETFs Outflows Spike as ETH Price Slumps
Strategy Buys More Bitcoin – Whales Accumulate as Retail Sentiment Weakens
On the whale front, activity leans toward accumulation despite the dip. Wallets holding 1,000+ BTC added over 100,000 BTC in recent weeks, pushing their total supply to around 7.17 million BTC. Large players scooped up tokens during weakness, with some reports of 270,000 BTC accumulated by whales in January alone. Exchange supplies tightened as tokens moved off platforms, reducing available sell pressure.
While a few newer holders realized losses on bad entries, overall whale metrics show confidence through buying on dips. Notably, Strategy announced the purchase of 2,932 BTC for about $264 million at an average price of $90,100 per bitcoin.
Strategy announced the acquisition of 2,932 BTC for approximately $264 million, at an average price of approximately $90,100 per bitcoin. As of January 25, 2026, Strategy holds a total of 712,647 BTC, acquired for a cumulative investment of approximately $541.9 billion at an…
— Wu Blockchain (@WuBlockchain) January 26, 2026
As of January 25, 2026, their total holdings stand at 712,647 BTC, bought for a cumulative $541.9 billion at an average cost of around $76,000 per bitcoin.
DISCOVER: Crypto News: BitGo Debuts as First Major Crypto IPO of 2026, Strong $2.59 Billion Valuation
BTC USD Price Analysis – Retest of $86K Support
(Source: TradingView)
BTC USD sits near $87,800 after briefly dipping below $87,000 over the weekend. The weekly change is down 7–8%, with a monthly drop of around 10–11% from early January levels near $98,000. From the longer view, it’s 29–30% below the October high of $126,000, with recent lows testing $86,500.
Support appears solid around $86,000–$87,000, where buyers stepped in on dips. RSI readings indicate oversold territory, opening the door for a rebound toward $90,000 if inflows reverse or whales continue adding.
Resistance looms at $90,000-$92,000; a clear hold above $90,000 could signal recovery toward $92,000–$95,000. Downside risk exists below $86,000, potentially targeting $85,000 or lower in a deeper pullback.
Trading volume softened during the dip, but stablecoin levels remain steady, suggesting sidelined money could return on signs of stabilization.
DISCOVER:
Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
