Bitcoin Rebounds Above $82K as Whale Wallets Hit Record High

Bitcoin rebounded to around $82,100 on Friday after briefly falling below $80,000, supported by easing Treasury yields, despite persistent inflation concerns and cautious institutional demand. The recovery followed leveraged liquidations approaching $950 million and over $261 million in spot Bitcoin ETF outflows, while a pullback in the 10-year Treasury yield from 5.36 percent to 5.1 percent provided support. Ethereum traded near $2,445, with major altcoins also gaining. Wallets holding 10–10,000 BTC hit a record 20,338, indicating stronger whale participation. Analysts noted that Bitcoin's $80,000 support level remains key, with a move toward $83,000-$84,000 potentially signaling improved momentum, though inflation and volatile ETF flows continue to cloud the outlook.