On September 12, Santiment posted on X that crypto whale trading has declined significantly since mid-August. Bitcoin: The number of transfers over $100,000 is down 33.6% since its peak in March/April; Ethereum: Since its peak in March/April, the number of transfers over $100,000 has decreased by 72.5%. According to the analysis, this is not necessarily a bearish signal. Whales are equally active in a bull or bear market...
On-chain analytics platform Santiment said in a post on X that on August 5-6, the number of bitcoin whales reached its highest level since the first week of April. According to data on total holdings of 10 to 1,000 BTC wallets, these whales quickly bottom fishing during the market decline.