Bitcoin Surges to $94K as Whales Buy, Retailers Take Profits
Bitcoin has climbed more than 7% since the start of 2026 and revisited a key liquidity zone near $94,000 on Monday, Jan. 5, 2026, marking a sharp rebound over the past week. The price action shows concentrated orders in that band, which acted as both a target for large buyers and a magnet for retail traders locking in gains.
On-chain flow and order-book data point to renewed whale accumulation underneath the $94K area, while visible profit-taking from smaller holders is creating two-way pressure. That dynamic matters because sustained buying from large holders can support another leg higher, but heavy retail exits around a clear liquidity pocket can amplify intraday swings. Traders should watch volume and net flow for confirmation: continued whale demand with shrinking retail selling would favor further upside, whereas widening sell pressure could prompt a pullback toward prior support levels.