Data: Giant Whale has increased its holdings of over 80000 BTC in the past 6 weeks

2025-05-07 01:25

According to Foresight News, Santiment tweeted that wallets highly correlated with the overall health of the cryptocurrency market (wallets holding 10 to 10000 bitcoins) have cumulatively increased their holdings of 81338 bitcoins over the past six weeks of volatility, accounting for+0.61% of their total holdings. At the same time, small wallets (those holding less than 0.1 bitcoins) that often have a reverse and lagged relationship with price trends have sold 290 bitcoins in the past six weeks, with a reduction of 0.60%. When large wallets gradually attract funds when retail investors sell out due to panic or boredom, it is usually a strong long-term signal that the price is poised to rise before the next breakthrough.

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