Bitcoin just ticked three major boxes in one stretch: Binance whales stopped selling, Thiel Macro reshuffled risk, and the CME gap snapped shut. If you want to see how that mix could reshape the next trend, this breakdown walks through each move.
Binance Whales Halt Selling as Bitcoin Shows Early Recovery
Bitcoin began to stabilize after heavy selling from Binance-linked whales eased, according to new order-flow data shared by analyst Ted Pillows. The one-hour chart shows selling pressure dominating through the mid-$90,000 range, with a sharp drop in Binance’s cumulative volume delta highlighted near the lows.
Bitcoin Whales Order Flow Shift. Source: TedPillows
As the selling slowed, price action formed a brief base near $89,012. The candles in that zone show long lower wicks, signaling absorption as buyers stepped in. The shift appears in the second circled area on the chart, where Binance’s CVD curve flattens after a long decline.
At the same time, major exchanges displayed mixed flows. Coinbase showed net positive buying during the same period, while Bybit and Bitstamp reflected continued net outflows. However, Binance’s pressure accounted for the largest portion of the selling, making its pause meaningful for intraday momentum.
After the selling stopped, Bitcoin moved back toward the mid-$91,000 area. The rebound followed the easing in Binance’s CVD and aligned with lighter order-book resistance. The recovery remains early, but the order-flow shift shows that large sellers stepped back as the market reached deep liquidity levels.
Meanwhile, Peter Thiel’s Thiel Macro LLC has exited its Nvidia position, according to portfolio data compiled from its latest 13F filing. The fund sold all 537,742 NVDA shares, cutting the holding from roughly 40% of its reported equity portfolio to zero and closing out a stake worth about $100 million at quarter-end prices.
Thiel Macro Nvidia Exit and Bitcoin Claim. Source: BDCryptoGuru
At the same time, a post from the X account Crypto Guru claimed Thiel “just bought” $105 million in Bitcoin. The message framed the move as a major bullish signal for the crypto market. However, the alleged Bitcoin purchase does not appear in the equity holdings data and has not been confirmed in regulatory disclosures.
Bitcoin Fills CME Gap as Price Rebounds From Futures Support
Bitcoin has closed a key CME futures gap after sliding to a support band around the mid-$90,000 zone. The daily chart for BTC1! on CME shows price dipping into the untraded area left behind during a prior upside move, then snapping back above the gap line.
Bitcoin CME Gap Fill. Source: Rekt Fencer
As the gap filled, intraday candles printed long lower wicks, signaling that buyers stepped in as futures price met the old imbalance. The reaction turned the zone into a clear reference level, with traders now watching whether it holds as a short-term floor.
At the same time, the rebound removes one of the main downside technical targets that bears have pointed to in recent weeks. With the gap now closed, attention shifts to how strongly spot and futures markets can defend this area and whether follow-through buying builds on the first bounce.
Source: https://coinpaper.com/12457/whales-pause-thiel-shifts-cme-gap-closes-bitcoin-s-new-setup
