The post Bitcoin unmoved despite $309 mln whale move – Why is BTC quiet? appeared on BitcoinEthereumNews.com. Key Takeaways Is Bitcoin’s bottom in? Risk appetite among Bitcoin investors remain muted despite improving on-chain strength. What’s driving sentiment now? Whale accumulation and resilient short-term holders are building the case for a potential sustained rally. Looks like Bitcoin [BTC] is sticking to its seasonal tailwind.  Despite the October flush, BTC is still up 1.23% and sits just 7% shy from reclaiming all its post-crash losses. That means previously underwater wallets are back into profit, with 91% of the BTC supply now in the green. On top of that, BTC has flipped above the short-term holder (STH, >155 days) cost basis at $113k for the first time since the crash, reinforcing buyer confidence among those most prone to capitulation during drawdowns. Source: Glassnode In short, Bitcoin looks poised to trigger FOMO if this momentum holds. Supporting that view, whale activity has picked up noticeably. On the 26th of October, a single whale accumulated 2,772 BTC (roughly $309 million worth) pushing its estimated cost basis to around $111k. Together, these dynamics (weak hands realizing gains, STHs showing resilience and whales buying the dip) are forming the ideal conditions for a “sustained” move. The question is, has greed returned to the market? Cautious sentiment lingers among Bitcoin investors From a broader view, it looks like the market’s in a holding pattern. Despite its underlying strength, Bitcoin remains nearly 10% below its $126k all-time high. This indicates that investors are treading carefully, opting for measured positioning rather than aggressive dip-buying. Meanwhile, the Fear and Greed Index reflects this cautious tone. Since the crash, the index has climbed just two points, keeping the market in a neutral zone and suggesting that risk appetite is still muted among bulls. Source: CoinMarketCap In this context, calling a Bitcoin bottom might still be premature. Still, with whales… The post Bitcoin unmoved despite $309 mln whale move – Why is BTC quiet? appeared on BitcoinEthereumNews.com. Key Takeaways Is Bitcoin’s bottom in? Risk appetite among Bitcoin investors remain muted despite improving on-chain strength. What’s driving sentiment now? Whale accumulation and resilient short-term holders are building the case for a potential sustained rally. Looks like Bitcoin [BTC] is sticking to its seasonal tailwind.  Despite the October flush, BTC is still up 1.23% and sits just 7% shy from reclaiming all its post-crash losses. That means previously underwater wallets are back into profit, with 91% of the BTC supply now in the green. On top of that, BTC has flipped above the short-term holder (STH, >155 days) cost basis at $113k for the first time since the crash, reinforcing buyer confidence among those most prone to capitulation during drawdowns. Source: Glassnode In short, Bitcoin looks poised to trigger FOMO if this momentum holds. Supporting that view, whale activity has picked up noticeably. On the 26th of October, a single whale accumulated 2,772 BTC (roughly $309 million worth) pushing its estimated cost basis to around $111k. Together, these dynamics (weak hands realizing gains, STHs showing resilience and whales buying the dip) are forming the ideal conditions for a “sustained” move. The question is, has greed returned to the market? Cautious sentiment lingers among Bitcoin investors From a broader view, it looks like the market’s in a holding pattern. Despite its underlying strength, Bitcoin remains nearly 10% below its $126k all-time high. This indicates that investors are treading carefully, opting for measured positioning rather than aggressive dip-buying. Meanwhile, the Fear and Greed Index reflects this cautious tone. Since the crash, the index has climbed just two points, keeping the market in a neutral zone and suggesting that risk appetite is still muted among bulls. Source: CoinMarketCap In this context, calling a Bitcoin bottom might still be premature. Still, with whales…