Bitcoin Price Today: Whales Add 16,622 BTC in May as Hot CPI Couldn’t Break $80K

Bitcoin showed volatility in the past 24 hours. The price dipped below $80,000 yesterday, but only briefly. It quickly moved back above $81,000. BTC has been trading in this $80-82K range for about a week.

Let’s look at some Bitcoin price news today, May 13.

Santiment: Whales Accumulate, Retail Dumps

Santiment reported that Bitcoin stays afloat above $80K despite today’s CPI report coming in hotter than expected. The reason: large stakeholders are finally accumulating consistently, while retail shows hesitance.

So far in May:

  • 10-10K BTC wallets (sharks & whales): Accumulated 16,622 BTC (+0.12%)
  • Less than 0.01 BTC wallets (small fish): Dumped 28 BTC (-0.05%)
Source: X/@SantimentData

Ideal conditions for any coin consist of large stakeholders adding more to their bags while retail shows FUD. During most crypto bull markets, this 10-10K BTC tier plays a key factor in igniting pumps. Prices move opposite to retail expectations.

Crypto ETFs Data: Mixed Signals

The Kobeissi Letter reported that crypto funds posted +$858 million in inflows last week. That’s the 6th consecutive weekly intake. Over this period, investors poured a total of $4.7 billion into these funds.

Bitcoin led last week’s inflows at +$706 million. Ethereum, Solana, and XRP followed at +$77M, +$48M, and +$40M respectively. Short-Bitcoin funds saw -$14M outflows, the largest weekly outflow of 2026. Crypto sentiment is quickly improving.

However, on May 12, Bitcoin spot ETFs recorded a total net outflow of $233.25 million. Ethereum spot ETFs had a net outflow of $130.62 million. That’s the first negative day after a long inflow streak.

Additionally, publicly traded wallet firm Exodus transitioned into a full-stack crypto payments company, launching Exodus Pay. To fund this expansion and repay debt, it sold a significant portion of its treasury. Bitcoin holdings dropped from 1,704 BTC to 628 BTC (roughly $87 million). This is a strategic business pivot – neutral to slightly bearish for Bitcoin’s price in the short term.

More Crypto Online’s Bitcoin Price Analysis: Support at $78.1K, Resistance at $82.9K

More Crypto Online shared a chart and analysis. Bitcoin liquidity remains heavily concentrated below current price on the short-term heatmap. The largest support cluster sits around $78.1K, holding roughly $2.46 billion in liquidity. Additional stacked support can be seen between $77.5K and $80.3K, creating a fairly dense downside liquidity zone.

On the upside, the first notable resistance sits around $82.9K, followed by a heavier cluster near $84K to $84.7K. Above that, the larger liquidity magnet remains around $89.5K.

Source: X/@Morecryptoonl

Open interest has continued to rise while funding remains positive. The chart shows OI at 105,195 BTC ($8.52B), up 4.44%. Positioning is still relatively aggressive despite recent sideways movement.

Price remains compressed between nearby support and resistance clusters. A break into one of these larger liquidity zones could accelerate volatility in the short term.

Bitcoin Price Prediction Today (May 13)

Here are our current BTC price forecasts for today:

🐂 Bullish scenario

BTC holds above $81,000 and pushes through $82,000. A daily close above $82,900 would target the $84,000-$84,700 liquidity cluster. Whale accumulation and positive crypto fund flows provide fuel. But a big pump today is unlikely without a catalyst.

🐻 Bearish scenario

Price fails at $81,500 and drops toward $80,000. If $80K breaks, the next support is $78,100 with $2.46B liquidity. Exodus selling and ETF outflows add pressure. A move to $78K would be a healthy dip, not a crash.

⚖️ Likely scenario

Range trading between $80,000 and $82,000 continues. The heatmap shows no immediate catalyst to break either side. Open interest is high, funding positive, but liquidity clusters act as magnets. Expect choppy sideways action with a slight upward bias toward $81,500.

Overall, Bitcoin held above $80K despite a hot CPI report. Whales kept accumulating while retail dumped – a classic bull market signal. Crypto funds saw their 6th straight week of inflows, but ETF outflows on May 12 cooled momentum.

The liquidity heatmap shows support at $78.1K and resistance at $82.9K. Until the CLARITY Act vote on May 14, BTC likely stays range-bound.

Related Bitcoin news: Crypto Veteran: CLARITY Act Is “Very Bullish for Bitcoin”

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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