Key Changes in Bitcoin Holdings on June 20, 2025

1. Whales (100+ BTC) significantly increased their holdings by 1666 BTC today after a slight outflow yesterday, indicating bottom-fishing behavior.

2. Sharks (10-100 BTC) reduced their holdings by 1102 BTC today, but had a significant increase the previous day (June 19) of 4364 BTC, so the total change over three days is a net increase of 3262 BTC, showing that sharks are actively trading.

3. Small Fish (1-10 BTC) had a slight outflow of 16 BTC today, but there was a massive outflow the previous day (-3104 BTC), resulting in a total outflow of 3120 BTC over three days, indicating that small fish continue to exit.

4. Prawns (<1 BTC) continued to flow out 109 BTC today, with several consecutive days of outflow, reflecting a lack of confidence among retail investors.