Bitcoin Whale Holdings Decline Through 2025: Could Q1 2026 Reverse the Trend?

TLDR Bitcoin whale balances declined steadily in 2025, dropping from 3.2 million BTC to around 3.0 million BTC. The 30-day percentage change in whale holdings stayed negative for most of the second half of the year. Short-lived accumulation phases in March, May, and October reversed quickly without sustained recovery. Bitcoin price movements tracked whale wallet [...]

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