Whales Move the Market Again

🔵Following Bitcoin’s drop below $110,000, large holders (“whales”) have become significantly more active. Analysts at CryptoQuant report the reactivation of dormant wallets and record BTC inflows to exchanges — classic indicators of potential selling pressure. In just 24 hours on October 15, whales transferred more than 17,000 BTC, while the Coin Days Destroyed metric reached its highest level in months.

🔵Experts suggest that this surge reflects not only profit-taking, but also a redistribution of assets between long-time holders and new participants, including institutional investors. Still, if whale activity continues at this pace, the market may face another bout of volatility before achieving sustainable equilibrium.