Bitcoin breaks $80k as whale signals bullish return
Bitcoin (BTC)
Editor:
Eugene Serbin
According to lookonchain.com, Bitcoin has once again surpassed the $80,000 mark, currently priced at $80,175.72 with a 2.84% increase over the past 24 hours. A crypto whale account named "First Set 10 Big Goals" posted a message stating "The bull is back, hurry back", hinting that it has gone long on Bitcoin. This move follows a 23% single-week rally that has driven a sharp surge in mining stocks, with some mining shares outperforming AI-related stocks.
US-listed crypto concept stocks extended their rally, with PURR rising more than 20% and MSTR gaining 12%. Meanwhile, funds have flowed into Bitcoin, Ethereum, and Hyperliquid last week. In other market movements, a $PEPE whale transferred all 2.1T $PEPE worth $52M to a new address after being dormant for 600 days.
A trader also profited $448K by monitoring Binance's new listings, while another lost $73.9K trading memecoins in just 3 minutes. Additionally, a smart AI coin trader made $17.6M on tokens including $GOAT, $ai16z, $Fartcoin, and $arc. A sniper earned 2,277 $ETH worth $8.3M trading $SHIRO within 18 hours, and the meme coin MOLT experienced a short-term 30% price surge after Elon Musk tweeted about Moltbook.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Bitcoin is currently trading at $79,023.75, showing a slight pullback from the reported high. The buy ratio stands at 44.0% for the last hour and 46.3% for the last four hours, compared to 49.9% over the last 24 hours, indicating that buying pressure is fading in the short term. Volume delta reflects this weakness, with negative values of -$9,365,201 over one hour and -$26,934,662 over four hours. Over the full 24-hour period, the volume delta is -$903,088, and the cumulative volume delta (CVD) closed at -$101,371,176. This means that sell volume has outweighed buy volume across the day, despite the earlier bullish sentiment. Only 6 out of 24 hours saw net buying, suggesting inconsistent demand throughout the session.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.6%, making today's 24-hour ratio of 49.9% slightly below the weekly norm by 1.7 points. Spot volume for the day was $1,148,236,056, which is 0.54 times the weekly average, indicating significantly lower trading activity than usual. While the coin gained 14.0% over the last 8 days, the current day's volume is roughly half of what is typical for this period. Net buying occurred on 6 of the last 7 days, with a total volume delta of +$445,688,281 for the week. This suggests that despite today's subdued activity, the broader weekly trend remains firmly in favor of buyers.