Whales Stay Quiet as BTC Hits $70K — What’s Behind the Silence?
Bitcoin reached new highs above $70K in 2025, yet whale activity remains unexpectedly low. On-chain data shows that transactions over $100K — typically linked to large institutional holders — are near four-year lows.
In past bull runs, whales led the charge. Now, retail traders and algorithms seem to dominate as intraday charts show sharp moves with little follow-through.
Analysts believe macro uncertainty and unclear regulation are keeping big players cautious.
BTC recently opened around $103K, rallied midday, and closed at $102.5K — a sign of fading momentum.
Not financial advice. Always do your own research before making investment decisions.