Bitcoin: Whales Feast While You Panic 😱

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Now, ain’t this a pickle? Seems while the little feller’s are all a-fussin’ and sellin’ off their Bitcoin like hotcakes in July, the big fish – the sharks and whales, as they call ’em – are quietly gatherin’ it up. It’s like watchin’ a trout swim into the jaws of a bear, I tell ya. 🎣

Those Bitcoin Sharks & Whales, They’re Multiplying!

This here firm, Santiment, a right smart bunch when it comes to pokin’ around on the ‘chain, they’ve noticed somethin’ peculiar. They keep track of how much Bitcoin different folks are holdin’ – a fella with a single coin, a whole mess of ’em, you name it. They call it “Supply Distribution,” and it’s a fancy way of sayin’ who owns the darn thing.

They divide these investors up like a farmer divides his livestock. Got your little chickens with a coin or two, and then you got your bulls with enough to practically be the market. The ones we’re talkin’ about today hold over 100 Bitcoin, which, at today’s rate, is a sum mighty close to eight and a half million dollars! Fancy, ain’t it? These are the sharks and whales, capable of makin’ waves – and they often do.

Now, Bitcoin took a bit of a tumble after reachin’ its peak last October, and naturally, these big players done sold off some of their holdings – wouldn’t want to get caught holdin’ the bag, you see. But here’s the rub… as the price went down, down, down, they started buyin’ again! 🧐

Believe it or not, there’s now 91 more of these big-money investors swimmin’ around than there was just a spell ago. That’s a bit less than half a percent, but it means they’re takin’ advantage of this here “sale”. Seems they think the price will creep back up and they can have a good time. It’s like watchin’ a vulture circle a wounded beast – not particularly ethical, but undeniably shrewd.

And wouldn’t you know it, while these sharks and whales are loadin’ up, the little guys – the ones holdin’ less than $8,700 worth of Bitcoin – are headin’ for the exits. Seems they’re givin’ up the ghost, selling their coins to whoever’ll take ‘em. Santiment figures that this is mighty good for the price in the long run. Makes sense, I reckon – fewer sellers meanin’ more room for the price to climb.

BTC Price

Bitcoin did a bit of a jig, momentarily goin’ above $89,000 on Monday, but it’s since settled back down to $87,000. Don’t give up hope, y’all!

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2025-11-26 08:18