🔥 Based on the chart, large investors—those holding between 1,000 and 10,000 BTC—#Bitcoin are gradually reducing their Bitcoin holdings.
Specifically, since March 2024, when this group reached its peak holding of approximately 409,000 BTC (shown as the green line on the chart), they have sold off a significant amount. As of now, this figure has decreased to around -220,000 BTC compared to the average.
This means that over the past year, these whales have consistently reduced their Bitcoin positions, marking the fastest sell-off since early 2023. In contrast, earlier in 2021, this group had significantly increased their holdings by up to +473,000 BTC, indicating a clear shift in the investment behavior of these major investors. The declining holding trend among whales is often seen as a noteworthy signal in the cryptocurrency market.
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$BTC
