Bitcoin Near $65,800 as Seller Exhaustion Signal Flashes Again; Whales Add $700 Million

Bitcoin (BTC) rebounded to near $65,800 after Glassnode’s Seller Exhaustion Constant flashed for the second time in 2026, a setup that preceded a roughly 24% rally earlier this year. According to BeInCrypto, whales accumulated alongside the signal, with the 100,000–1 million BTC cohort rising from about 693,600 BTC to 694,390 on June 11 and the 1,000–10,000 BTC cohort increasing from roughly 4.24 million to 4.25 million BTC starting June 13—about 11,000 BTC, or around $700 million. The report noted weakening buying volume could cap the rebound near $66,610.