Bitcoin retreated toward $84,575 after reaching about $87,220 on October 3, 2026, as large holders sold more than 30,000 BTC, worth roughly $2.52 billion at approximately $84,000 per coin. The rejection at the top of a two-week trading channel has shifted attention to support near $82,500. A four-hour chart places the lower Bollinger Band (volatility-based price boundary) near $82,362, while CoinGlass identifies liquidation clusters (areas of concentrated forced position closures) around $82,600-$82,800 and another near $82,000. The setup remains conditional because renewed whale accumulation would be needed to show that distribution is reversing. Any rebound would also face overhead supply: Glassnode places the average cost basis for six-to-12-month buyers near $89,000 and for one-to-two-year buyers near $97,000. Both groups remain underwater, while buyers from the 2025 rally recorded their highest average daily selling volume this year. Glassnode also reported that long-term-holder realized profit nearly doubled in the week ending September 29, with its share of total realized profit rising from 34% to 55%.