Bitcoin's price action shows significant whale activity as it approaches the $90,000 mark. Perpetual contract data indicates that whales have reopened long positions worth approximately $450 million, pushing the price into the upper half of the VWAP band. However, recent sell pressure near $90,000 suggests profit-taking, with open interest cooling off as Bitcoin nears this resistance level. In the spot market, whales purchased $154 million worth of Bitcoin following a price increase, with an average entry around $86,000. Despite this, overall whale activity remains cautious. Key indicators to watch include a minimum $500 million increase in whale perpetual CVD and a $200 million rise in whale spot CVD, alongside a resurgence in whale activity in the spot market. A slight price correction to around $88,200 is anticipated before potentially reaching $93,000.