🐳 Bitcoin Whales Go Bonkers: Is This the Big Splash or Just a Fishy Flop? 🐳

Oh, what a glorious tumble! Bitcoin, that mischievous digital darling, has taken a nosedive below $90,000 for the first time in seven months. And who’s making a splash? The whales, of course! Those colossal creatures of the crypto sea have been flapping their fins like there’s no tomorrow. 🌊💰

According to the ever-watchful Santiment, over 102,000 transactions above $100,000 and a whopping 29,000 above $1 million have been spotted. That’s right, folks-this could be the most whale-tastic week of 2025! But is it a feeding frenzy or just a bit of aquatic acrobatics? 🤔🐋

Whales on the Rise, Minnows on the Run

Glassnode, that clever glass-bottomed boat of data, tells us the number of addresses holding at least 1,000 BTC has swelled to 1,384-a 2.2% jump in just three weeks! Meanwhile, the little fish with one BTC or less are swimming for the hills, dropping from 980,577 to 977,420. Poor dears. 🐟💨

Market watchers are now whispering (or should we say, splashing?) about a shift from panic selling to whale-sized buying. But is it a clever ploy or just another fish tale? 📰🤡

“Bitcoin’s whales have gotten more and more active as prices have dumped over the past six weeks. So far this week, we have seen: Over 102.9K Whale Transactions exceeding $100K, Over 29K Whale Transactions exceeding $1M. This week has a good chance of ending up as the…”

– Santiment (@santimentfeed) November 19, 2025

Whale activity chart

Traders in a Tizzy: Buy or Bye?

Some traders insist these big transfers are pure buying-a whale’s feast! Others reckon it’s forced selling by leveraged accounts, followed by a sneaky accumulation as the market finds its flippers. One on-chain observer even spotted repeated, time-bound selling tied to liquidation events. How very dramatic! 🎭💸

Market sentiment? Oh, it’s drowning in negativity! The Crypto Fear & Greed Index is bobbing at a measly 11, smack in the “extreme fear” zone. Short-term holders are feeling the pinch, with the STH Realized Profit-Loss Ratio taking a dip. Capitulation, anyone? 🌧️😱

Market sentiment chart

If those big transfers were outbound from exchanges, it could mean whales are hoarding in cold storage-a move that might ease sell pressure. But if they’re inbound, it’s distribution time, baby! Right now, it’s a mixed bag: big holders are growing while weak hands wave goodbye. Will it stabilize the bottom, or will another forced seller rock the boat? 🚤🌪️

Some call it a “washout”-a cleansing of short-term froth. Others blame news events for amplifying twitch trading and sudden swings. Asset managers, meanwhile, are snapping up discounts while retail investors take a backseat. Smart cookies, those whales! 🍪🐳

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2025-11-20 17:48