According to on-chain analyst Ali, reported on X, a significant decline in large Bitcoin transactions has been observed 📉. The numbers reveal a:
- 51.64% drop 📊 in large transactions on the Bitcoin network over the past month
- Decrease from 33,450 to 16,180 📉 in large transactions
This trend may indicate a substantial reduction in whale activity 🐳, suggesting that large investors or institutions are currently less active in the Bitcoin market.
