According to the latest data from behavioral analytics platform Santiment, two spikes in Bitcoin trading volume in 2025 have become almost perfect signals for traders.
The company shares on X that the largest weekly trading volume groups of cryptocurrencies in the past six months have formed market bottoms and new all-time highs, indicating that tracking maximum trading volume once again is a profitable contrarian strategy.
Trading Volume Marked at Bottom and Peak
Santiment's chart highlights two key moments. The first is the trading volume explosion of $84.08 billion during the tariff-induced downturn in April, marking a "bottom signal", and the second is the surge of $90.90 billion in recent weeks, coinciding with Bitcoin reaching a new all-time high above $124,000.
According to the analytics firm, the first signal indicated a strong sell-off creating an opportunity for investors to enter, while the second signal is a leading indicator, synchronized with strong profit-taking activity when BTC hit a new all-time high.
Santiment notes: "The two largest volume spikes from Bitcoin signal the optimal times to buy (when prices are falling) and sell (when prices reach new ATH peaks)."
This assessment comes just days after Glassnode shared an update showing that "First-Time Buyers" added 50,000 BTC to their holdings in five days, while so-called "Confident Buyers" also accumulated, albeit more cautiously.
Meanwhile, "Loss Sellers" have increased by nearly 38%, reflecting capitulation from weaker sellers, with profit-takers extending their take-profit levels to this year's highs. Indeed, on August 20, the platform reported that long-term holders had realized $2.8 billion in profits on Bitcoin, Ethereum (ETH), XRP, and Solana (SOL) as the market cooled down.
BTC leads the trend, achieving the largest profit-taking event since December 2024, when investors pocketed $1.5 billion on July 18. That wave of selling pushed the OG cryptocurrency below $113,000 earlier this week, dragging other major coins down and wiping out over $70 billion in total market value overnight.
Adding to the pessimistic sentiment, data from Santiment also shows that crowd sentiment on social platforms has turned negative, recording the most pessimism since June.
Price Action
Meanwhile, in the market, Bitcoin is trading at $113,705 at the time of writing. This price reflects a nearly 7% decline over the past week, a relatively poor performance compared to the broader cryptocurrency market, which has dropped 3.5% during the same period. Furthermore, the price of this asset has decreased by 3.1% over the past 30 days, although it is still up nearly 91% compared to the same period last year.
