Bitcoin NUPL Signals Possible Bull Trap as Whale Distribution Grows

BitcoincomNews · 2026-03-16T12:42:43+00:00

Whale wallets with 1,000–10,000 BTC are decreasing, indicating potential distribution. USDT liquidity is low with reserves near $50.7B, while Bitcoin's NUPL indicates market capitulation may still be pending.

BitcoincomNews

2026-03-16 12:42:43

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Story Highlights* Whale wallets holding 1,000–10,000 BTC are declining, signaling possible distribution.

USDT exchange liquidity remains tight with reserves near $50.7B and deposits at cycle lows.
Bitcoin NUPL remains above zero, suggesting the true market capitulation may not have occurred.

BTC3,67%

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