Major Bitcoin Wallets Move Again After Weeks of Selling

Key Takeaways

• •
  After six weeks of selling, Bitcoin whales have suddenly become active again.
• •
  The surge in high-value transfers suggests large holders are re-entering rather than exiting.
• •
  Historically, whale re-accumulation during downtrends has often preceded major market pivots.

A Market Under Pressure – But Not Abandoned

After six weeks of steady selling, the biggest players in the market are suddenly in motion again — a shift that traders haven’t seen in months.

Instead of backing away from the decline, large holders have started making some of the biggest transfers of the year. It’s an unusual time for whales to return, and that timing is exactly why analysts are paying attention.

Bitcoin has been grinding lower for weeks, liquidity remains thin, and volatility is rising. Under normal conditions, that’s when large wallets sit out and let the dust settle. Not this time.

Santiment’s newest data shows a dramatic surge in high-value transfers, with tens of thousands of transactions in the $100,000 to $1 million+ range happening in just a matter of days. That level of activity hasn’t appeared since Bitcoin was gearing up for major directional swings earlier in the year.

Big players aren’t exiting — they’re reshuffling and re-entering.

Why This Matters

Whale activity by itself doesn’t tell traders where the price will go next, but it does tell them when things are changing. Historically, Bitcoin has made some of its most violent moves — both upwards and downwards — right after whales return following a prolonged downturn.

When retail sentiment is weak and large wallets become active again, it has often marked the early stages of accumulation or the setup for a sharp reversal.

The Signal to Watch

For now, Bitcoin has not broken out of its slump. But the behavior of the biggest wallets is no longer aligned with the trend on the price chart — and that divergence has been the spark for major pivots in past cycles.

Whether this becomes the foundation for a recovery or the precursor to another volatile leg remains to be seen. But after weeks of silence from the market’s largest wallets, the message this week is unmistakable: whales are no longer on the sidelines.