Bitcoin fell below $90,000 this week for the first time in seven months, and big transfers have surged.
According to Santiment, more than 102,000 transactions above $100,000 and roughly 29,000 transactions above $1 million were recorded over the recent stretch — a level that could make this the most active whale week of 2025.
Whale Counts Climb As Small Holders Fall Back
Based on Glassnode figures, the number of addresses holding at least 1,000 BTC rose to 1,384 from 1,354 about three weeks earlier, a 2.2% rise and the highest count in four months.
At the same time, wallets with one BTC or less slipped to about 977,420 from 980,577 late in October, showing smaller holders are thinning out.
Those two trends together have some market watchers reading a shift from panic selling toward larger buyers taking positions.
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 Transact
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