🐳 Bitcoin Whales Shrink? Panic or Profit Party? 🎉

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Key Takeaways (Or So They Say)

Them big fish, the Bitcoin whales (100-10k BTC), still holdin’ onto 47% of the treasure. But their wallets are gettin’ lighter, down to 480 BTC on average. Are they playin’ a clever game of pass-the-coin, or just losin’ their grip? 🤔

Well, shiver me timbers, those whales in the 100-10k Bitcoin [BTC] range are stirrin’ up the digital seas. Santiment, them data scallywags, say these whales control about 9.29 million BTC, which is roughly 47% of the booty floatin’ around. That’s a cool $1.1 trillion sittin’ pretty on-chain across a measly 2,066 addresses. Arrr! 🏴‍☠️

Meanwhile, Glassnode, another crew of number-crunchers, spotted a curious shift: the average BTC stash per whale has been shrinkin’ since November 2024. Are they redistributin’ the loot or just hoardin’ it smarter? Only the blockchain knows for sure.

Plain and simple, the wallets of these whales are gettin’ slimmer. According to the chart, the supply per whale (100-10k BTC) has dropped to 480 BTC, back to the levels of 2018. Down from 560 in 2024 and 590 in 2022. But here’s the twist: unlike 2022, when the drop matched BTC’s 63% plunge to $17k, this time it’s happenin’ while the price is shootin’ skyward. Could this be a sign of Bitcoin’s mighty bid wall? Or just another trick of the trade? 🧐

Bitcoin Rides the Market Rollercoaster

Bitcoin’s turnin’ volatility into a goldmine-or should I say, a Bitcoin mine? 💰

In the 2024 cycle, BTC hit a high of $73k in March. Them whales in the 100-10k BTC range had their stash peak at 550, but by year-end, it slid to 510. Looks like they were takin’ profits, the sly dogs. Yet, BTC kept climbin’, hittin’ three new all-time highs in 2025, the latest bein’ a whopping $124k. So, while the whales’ supply dropped 12%, the BTC price soared 70%. Talk about inverse dynamics! 📈

This here divergence shows Bitcoin’s got some serious backbone. In plain speak, the whales’ shrinkin’ stash is bein’ scooped up by other on-chain buccaneers, turnin’ BTC’s wild swings into a bullish bonanza. It’s like a game of hot potato, but everyone’s winnin’-except maybe the whales who sold too soon. 😏

The real kicker? Unlike 2022, this setup keeps the bears at bay, makin’ the recent drop in whale supply a key liquidity shindig. It’s like Bitcoin’s throwin’ a party, and everyone’s invited-except the pessimists. 🎊

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2025-09-05 06:06