CryptoMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
Bitcoin Surpasses $80,000 as Whales Accumulate $4.8 Billion in BTC
Key Facts
1Bitcoin price surpassed the $80,000 mark after gaining 3.5% in the last 24 hours.
2Large Bitcoin holders (whales) accumulated approximately 60,000 BTC worth $4.8 billion during October.
3The recovery faces a technical challenge near the $82,000 resistance level.
Bitcoin price surpassed the $80,000 mark after gaining 3.5% in the last 24 hours. Invezz reported that large Bitcoin holders, or whales, accumulated approximately 60,000 BTC worth $4.8 billion during the month of October.
The recovery was driven by renewed buying interest near the 200-day EMA and aggressive accumulation by whales holding between 1 and 100,000 BTC. According to Invezz, the upward momentum faces a technical challenge near the $82,000 resistance level.
Latest Updates · 1
- Notable·
Update: Bitcoin price recovered to $80,400 on November 5, 2026, after dropping to a low of $75,600 during the US midterm election period. This rebound marks a price stabilization above support levels established during the election-related volatility.