Addresses holding 1K-10K Bitcoins are decreasing, with a drop of 220,000 coins so far this year—this is the fastest decline since early 2023. Interestingly, a similar situation occurred between 2021 and 2022, after which the market topped out.
The whales are not bottom-fishing; instead, they are gradually exiting. Is this signal clear enough?
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Are Bitcoin whales hesitating?
Addresses holding 1K-10K Bitcoins are decreasing, with a drop of 220,000 coins so far this year—this is the fastest decline since early 2023. Interestingly, a similar situation occurred between 2021 and 2022, after which the market topped out.
The whales are not bottom-fishing; instead, they are gradually exiting. Is this signal clear enough?