Whales are pressing on Bitcoin despite bullish optimism
Despite rising positive expectations about Bitcoin, wallet movement data suggests that large whales began reducing their holdings after reaching a peak near August 21
Meanwhile, some mid-size wallets holding between 100 and 10,000 BTC show accumulation signals, while individual investors remain cautious and are not entering aggressively
Higher optimism does not necessarily mean the uptrend will continue. If large whales keep selling, Bitcoin could face sudden pressure. Therefore, it’s best to monitor the activity of big whales and liquidity before making any decision
Despite rising positive expectations about Bitcoin, wallet movement data suggests that large whales began reducing their holdings after reaching a peak near August 21
Meanwhile, some mid-size wallets holding between 100 and 10,000 BTC show accumulation signals, while individual investors remain cautious and are not entering aggressively
Higher optimism does not necessarily mean the uptrend will continue. If large whales keep selling, Bitcoin could face sudden pressure. Therefore, it’s best to monitor the activity of big whales and liquidity before making any decision
