Bitcoin Price (BTC) Analysis: Whales Step In

The number of entities holding at least 1,000 BTC has surged to 1,436 as Bitcoin's price nears multi-month lows. This marks a notable shift from earlier in 2025, when larger holders were primarily net sellers. The recent uptick suggests a renewed interest from whales as Bitcoin struggles to maintain a price above $100,000. Previously, the number of large holders peaked at over 1,500 in November 2024, but declined to around 1,300 by October 2025. In January 2024, a similar pattern of accumulation occurred ahead of a price rally linked to the U.S. ETF launch. Currently, whales holding over 10,000 BTC show a score of approximately 0.5, indicating they are no longer heavy sellers, while those with between 1,000 and 10,000 BTC are starting to accumulate modestly. The strongest buying trend is seen among those holding 100 to 1,000 BTC, along with wallets with less than 1 BTC, indicating a growing belief that Bitcoin's current pricing is undervalued.

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