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

  • Crypto ETFs Data: Mixed Signals

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

  • Bitcoin Price Prediction Today (May 13)

    • 🐂 Bullish scenario
    • 🐻 Bearish scenario
    • ⚖️ Likely scenario
  • FAQs

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”

FAQs

 **Are Bitcoin ETF outflows a concern❓**

One day of outflows after weeks of inflows is normal. The weekly trend remains positive. Watch the May 14 CLARITY Act vote for direction.

 **Should I keep my Bitcoin or sell❓**

If you have a long-term horizon (6-12 months), keeping makes sense given institutional inflows and positive whale accumulation. Selling now might be wise only if you need cash or expect a short-term drop below $78K.

 **Is Bitcoin projected to go back up❓**

Yes, most analysts project Bitcoin to rally once the CLARITY Act passes, with price targets of $90K-$150K for 2026. The current dip below $82K is seen as a consolidation before the next leg up.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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