In the crypto world, the word 'whales' sounds almost mystical. These are investors whose wallets hold tens of thousands of BTC and ETH, and every move they make is reflected across the entire market. In recent weeks, we have seen a worrying trend: whales are actively selling off their stocks. But why?
Fact #1. Mass transfers to exchanges.
The analytical company Glassnode reports: in just the last 30 days, whales have transferred over 150,000 BTC and more than 1.2 million #ETH to exchanges. Such movements usually indicate a readiness to sell.
Fact #2. Pressure from macroeconomics.
Markets are frozen in anticipation of decisions from the US Federal Reserve regarding interest rates. High interest rates make risky assets — including crypto — less attractive. Whales are securing profits, fearing a drop in demand.
Fact #3. Strengthening of regulators.
The SEC and European regulators have intensified pressure on the crypto industry. Possible new laws regulating stablecoins and DeFi could significantly impact liquidity. Major players prefer to reduce risks in advance.
Fact #4. Preparation for altseason.
Some analysts believe: the sale #BTC and #ETH is not leaving the market, but a change in strategy. Whales may be transferring capital into promising altcoins or stablecoins, only to re-enter later — but at more favorable levels.
And here is the main paradox: when the crowd is panic-selling, whales are often preparing for a new entry. When the crowd is rejoicing, whales begin to sell off.
History repeats itself: before the 2020 rise, there were also significant sell-offs #BTC by whales. A few months later, the price hit a new all-time high.
