Bitcoin Facing $75K Sell Wall Despite Whale and Institution Buy-Ins, Here’s Why - BTC Hunts

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The post Bitcoin Facing $75K Sell Wall Despite Whale and Institution Buy-Ins, Here’s Why appeared first on Coinpedia Fintech News

Bitcoin (BTC) has been consistently trading below $75,000 for the past 35 days, after falling below this level on February 4. This month, the flagship cryptocurrency hit $74,031 following optimism around favorable regulations, but has since pulled back to trade at $70,525 at press time.

Bitcoin price action Source: CoinMarketCap

The Bitcoin $75K sell wall

Several recent developments should have pushed the price above this resistance, including a surge in whale buys and steady institutional accumulation.

Blockchain analytics platform CryptoQuant shows that normalized order volumes for whale trades ($1M+) spiked this month. Whale holdings now amount to 3.204 million BTC – the highest accumulation since 2024.

$BTC whale buying continues to increase.

Also, a sell walls has formed until 75k. pic.twitter.com/nxYQRXcByt

— CW (@CW8900) March 11, 2026

The Exchange Whale Ratio has also been steadily declining, signaling reduced selling pressure among large traders.

Exchange Whale Ratio Source: CryptoQuant

Last week, digital asset investment products marked the second week of consecutive inflows at $619 million. This week, spot Bitcoin ETF inflows have already totaled $418.03 million, led by BlackRock at $295.31 million.

Bitcoin treasury companies were not left behind, with Strategy recently purchasing $1.28 billion worth of Bitcoin.

The recent drop in oil prices amid the US-Iran conflict and investor capital rotation from gold to digital assets have also contributed to BTC’s upward momentum.

Still, the $75K sell wall persists, suggesting whale selling at these prices rather than continued accumulation as they believe the asset to have reached a peak. Market uncertainty also brews around the upcoming US Federal Reserve announcement regarding interest rates, in addition to next month’s inflationary data. The latter will factor in previous oil price surges to over $100/barrel, possibly triggering a short-term risk-off BTC sale.

BTC price forecast

BTC breaking above $72K could signal bullish recovery, with short squeezes and possible Fed interest cut fueling further upside momentum. A fall below $65K could cause a further drop towards $60K

Regarding the prevailing war, US President Donald Trump said it could end “soon”, but Iran dismissed these claims as nonsensical. For now, the US continues to destroy vessels deploying sea mines in the Strait of Hormuz, while Iran has labelled US Silicon Valley companies “legitimate targets” because of their links to the US military.

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