#比特币巨鲸动向
Analysis of Bitcoin Whale Movements (July 2025)
1. Ancient Whales Awaken: 80,000 BTC ($8.6 billion) transferred to institutional platforms, causing short-term price fluctuations; however, institutions have strong absorption capacity, and no panic selling has occurred.
2. Old Players Increase Holdings, New Players Exit: Long-term holders (old whales) are buying the dip, while new investors are exiting due to losses, leading to a clear market differentiation.
3. Institutions Lead the Game: ETFs, publicly listed companies, and others continue to buy, but high-leverage short-selling risks are exposed, exacerbating short-term volatility.
4. Market Trend: Mid-cycle bull market signals (such as whale accumulation) coexist with policy uncertainty, long-term scarcity supports price increases, but short-term leverage risks need to be monitored.
