Bitcoin whale transactions have seen a significant decline of 72% over the past two weeks, dropping from 5,767 to 1,637. This substantial decrease reflects movements by addresses that hold large amounts of Bitcoin, often indicating changes in market sentiment or accumulation phases among major investors. Such a reduction in whale activity can suggest a potential period of holding or consolidation, especially during volatile market conditions as institutional involvement and network adoption continue to influence on-chain trends.
Bitcoin whale transactions drop 72% in two weeks
