Large Bitcoin whales continue to take profits
Date: 2025-11-26 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Analysts attribute the recent Bitcoin decline to futures market activity. According to CryptoQuant, the closing of long positions and a cascade of liquidations were the catalysts for the sharp price decline. Experts emphasized that these factors turned a simple correction into a significant drop in the BTC price.
Meanwhile, large whales with balances over 1,000 BTC continue to sell off the asset, taking profits and reducing institutional investor exposure. Retail holders with balances of up to 10 BTC are also reducing their positions, suffering losses amid the price decline.
Addresses with balances between 100 and 1,000 BTC are gradually accumulating Bitcoin, while holders of 10-100 BTC are showing steady growth. However, according to analysts, these volumes are unable to offset the selling by major players, maintaining pressure on the market.
In the last 48 hours, signs of a possible local bottom have been observed. The price recovery to $88,000 indicates potential for a short-term trend reversal, but a full-fledged rally requires renewed accumulation by whales with balances of 1,000–10,000 BTC.
Santiment is recording a decrease in the number of small addresses and an increase in wallets with balances over 100 BTC. Experts attribute this to the capitulation of retail investors, a typical phenomenon in the final stages of a downtrend.
Previously, the Incrypted team analyzed in detail the reasons for Bitcoin's decline below $81,000, pointing to a combination of futures market factors and the behavior of major players.
Thus, the current Bitcoin market situation shows continued profit-taking by large whales, cautious accumulation by mid-tier holders, and a reduction in positions by retail investors. This creates a mixed dynamic, with short-term fluctuations persisting and long-term trends dependent on the activity of large BTC holders.
Analysts warn that further price recovery will be directly linked to a return to accumulation by mid-tier whales and a restoration of the balance between selling and buying in the market.
The market remains volatile, and monitoring the actions of large and mid-tier Bitcoin holders remains key to assessing the future price direction.
