Whales Add $3.2 Billion to Bitcoin as Retail Investors Reduce Holdings
Beincrypto reports that Bitcoin fell below $88,000 this week while wallets holding between 10 and 10,000 BTC accumulated 36,322 coins—about $3.2 billion—over the past nine days as smaller retail investors reduced their exposure.
Market data in the article showed BTC declined 6.25% over the past week and was trading at $89,329, down 3.31% over the past 24 hours at the time of writing, with the renewed downturn following US President Donald Trump’s announcement of tariffs targeting eight EU nations, the piece said. Santiment data cited in the report shows the large-holder accumulation represented a 0.27% increase in their holdings, while small holders sold 132 coins, a 0.28% decline. "Optimal conditions for a crypto breakout are when smart money accumulates, and retail dumps. Geopolitical issues aside, this pattern continues to great a long-term bullish divergence," the post read.
Outlook remains divided: some observers say Bitcoin is flashing bear market signals and faces further downside, while others point to emerging indicators that support a longer-term recovery. For now, the article says Bitcoin's near-term direction will likely depend on how global risk sentiment evolves.
Key Topics
Crypto, Bitcoin, Santiment, Donald Trump, European Union, Whales