Bitcoin whale activity on track for its biggest week this year: Analysts

Bitcoin whale activity has surged as the cryptocurrency's price has fallen below $90,000 for the first time in seven months. Analysts from Santiment note that over 102,000 whale transactions exceeding $100,000 were tracked, with an additional 29,000 transactions exceeding $1 million. This spike in activity suggests this week could become the most active for Bitcoin whales in 2025, reversing from previously dumping to accumulating. Analysts attribute this increase to recent market fear and panic, with whales capitalizing on lower prices. Data from Glassnode shows significant accumulation among large holders since late October, particularly for wallets holding more than 1,000 Bitcoin. Analysts indicate that while the market remains volatile, these large players are buying the dips, showing resilience and likely anticipating a market recovery. The fluctuations have been linked to various geopolitical events and market reactions, but with rising buy-to-sell ratios, there is optimism for a potential market rebound soon.

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