Bitcoin Drops Below $90,000 as Month-Long Whale Accumulation Fails to Halt Decline

Bitcoin has fallen below $90,000 despite nearly a month of steady accumulation by wallets holding 10–10,000 BTC. Data show sustained increases in holdings among whale and shark cohorts, yet the price has continued its downward trajectory. The divergence suggests that large-holder buying no longer functions as a reliable bullish signal, with structural sell pressure and liquidity constraints absorbing inflows.