Highlights
Bitcoin whale activity has been off the charts this month. While the BTC Price climbed from $85K to $105K in 30 days, not all were buying. Only smart money seems to have made a smart choice during this window of bull run.
Wallets holding between 10 and 10,000 BTC added 83,105 BTC in the past 30 days, according to Santiment. At the same time, retail investors with less than 0.1 BTC sold off 387 BTC. And that contrast says a lot.
There is a clear divide between how large and small players view the market differently. The Smaller wallets booked profits, likely thinking Bitcoin had peaked. Meanwhile, the whales (addresses) have taken an opposite stance. Their aggressive buying suggests they expect a bigger move soon.
BTC exchange reserves have also declined. That means more Bitcoin is moving off platforms and into wallets, likely cold storage.
Bitcoin price dropped below $101,000 earlier today, dragging most altcoins down with it. But some analysts expect a push toward $110,000 if volumes and institutional demand remain high. Santiment also pointed out that whales rarely chase price. They accumulate when they anticipate value.
Last week, the largest BTC outflows from exchanges in months were recorded. This signals growing confidence among long-term holders.
These shifts are often seen to be early signs of major price moves. If whales keep buying as the retail investors exit, then the market may be coiling up for a breakout. Bitcoin climbed to fresh highs within weeks, the last time such behavior was seen.
For now, the message is clear. Whales are stacking while retailers exit and wait. And if history rhymes, $110,000 may be just the beginning.
These movements come as the entire crypto market faces mounting pressure due to macro factors. As reported by Coingape, this correction came ahead of the latest U.S. CPI data and led to over $700 million in liquidations. While some see panic, others like MicroStrategy used the dip to stack more Bitcoin.
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