$BTC Whales—entities holding large amounts of Bitcoin (BTC)—play a significant role in the cryptocurrency market. Typically defined as wallets holding 1,000 BTC or more, whales can influence price movements through their trades. Recent data shows that whale holdings fluctuate based on market sentiment, regulatory news, and macroeconomic conditions. During accumulation phases, whales often buy during market dips, signaling confidence in long-term value. Conversely, large sell-offs can trigger price declines, affecting smaller investors. Monitoring whale activities helps traders predict market trends, as their actions often precede significant market shifts. Blockchain transparency allows real-time tracking of these major movements.