Bitcoin Whale Activity on Track for Its Biggest Week This Year: Analysts

Why It Matters

The shift from whale dumping to accumulation signals a possible market bottom and could stabilize Bitcoin prices, influencing investor sentiment and liquidity across the broader crypto ecosystem.

Summary

Analysts at Santiment say Bitcoin whale activity is on track to become the most active week of 2025 as the cryptocurrency slipped below $90,000 for the first time in seven months, recording over 102,000 transactions above $100,000 and 29,000 above $1 million. While some attribute the recent market pullback to whale selling, Glassnode data shows large holders have been net accumulating since late October, with a surge in wallets holding more than 1,000 BTC. Swyftx’s lead analyst Pav Hundal notes that both whales and retail are buying the dip, citing a 10:1 buy‑to‑sell ratio, and Bitwise’s Bradley Duke echoes that whales are capitalizing on panic‑driven discounts. Multicoin Capital’s Tushar Jain warns the current forced‑selling pattern may be short‑lived, suggesting a potential bottom could be reached this week.