$BTC WHALES DISAPPEARING SINCE TESLA’S $1.5B BUY — HIDDEN RED FLAG?
Was Tesla’s $1.5 billion Bitcoin splash in 2021 the beginning… of the end for whales?
📉 A deep-dive analysis by Alphractal has exposed a concerning long-term trend in the Bitcoin ecosystem:
Since February 8, 2021 — the day Tesla made headlines with its massive BTC buy — the number of wallets holding over 1,000 BTC has been shrinking.
🐋 The Whale Exodus: Coincidence or Caution?
Before Tesla’s buy-in, wallets with 1,000+ BTC were viewed as a reliable indicator of institutional conviction and whale accumulation.
But what followed wasn’t more whale activity—it was less.
📉 The number of large BTC wallets has been consistently declining ever since, despite:
Explosive rallies in 2021 and 2024
Multiple ETF approvals
Growing global adoption
So the big question is:
Are whales losing trust… or are they just moving in silence?
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