Major players in the Bitcoin market are showing noticeable activity amid the cryptocurrency's declining price. According to Santiment, over 102,900 transactions worth over $100,000 were conducted over the past week, while the number of trades worth over $1 million exceeded 29,000. Experts note that this is the sixth consecutive week of increased Bitcoin whale activity, and if the trend continues, the current week could be the busiest this year.
Analysts are also noting a shift in strategy among major investors: previously, they were actively selling assets, but are now starting to accumulate them again. The CEO of the analytical platform CryptoQuant emphasized that the selling is primarily being carried out by short-term traders, while miners and long-term holders remain passive and are not participating in the sell-off.
CryptoQuant experts also noted particular pressure from American investors. Bitcoin is ending its fourth consecutive week in the red, with peak selling occurring during US trading hours. In Europe and the APAC region, the situation is more stable, suggesting regional differences in market participant behavior.
CryptoQuant previously predicted that Bitcoin's correction could continue to $87,500. Experts attribute this to continued profit-taking by short-term investors, while large holders are using the current decline to increase their holdings.
Thus, despite the price decline, the market is seeing an active restructuring of Bitcoin ownership: whales are gradually returning to accumulation, while short-term investors continue to take profits. These trends reflect the growing role of large players in shaping cryptocurrency market dynamics and may be key to understanding the further price movement of BTC in the coming weeks.
The rise in Bitcoin whale activity seen in recent weeks suggests that large holders are playing an increasingly prominent role in supporting the market and stabilizing prices in a volatile environment.