Bitcoin tops $94,000 on Jan. 5 as whales add 56,227 BTC and small wallets exit

On Jan. 5, Bitcoin rose above $94,000, its highest in more than a month, and is up over 3% year‑to‑date. Large holders are accumulating while smaller wallets take profits, and derivatives metrics show reduced leverage; renewed ETF inflows and options positioning suggest improving institutional demand.