On-chain data has once again shown interesting signals. According to the latest analysis, large wallets holding between 1,000 and 10,000 BTC have recently been selling off significantly. From the data since January 9th, these whales have decreased their holdings by 220,000 BTC year-over-year — the fastest decline since early 2023.



Interestingly, similar situations have occurred in the past. During the 2021-2022 cycle, large holders also reduced their positions first, and only afterward did the price reach new highs. So the question now is — could this be the same script again? Whales' actions often lead the market by one or two months, making it crucial to closely watch the upcoming price movements.
BTC-0.62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ValidatorVikingvip
· 14h ago
whales dumping 22k btc month-over-month... that's the fastest bleed since early '23. ngl, history rhymes but it doesn't repeat—2021 was a different consensus layer entirely. staying vigilant on this one, fork readiness matters more than pattern matching tbh.
Reply0
WhaleWatchervip
· 14h ago
200,000 tokens dumped in one go? The whales are really serious this time. --- Is history repeating itself? Then let's just wait and see, it’s only a month or two difference anyway. --- It's the same old trick. Why do I feel like every time someone says "leading the market by one or two months," it still comes down to betting on probabilities? --- Dumping 220,000 tokens... I just want to know where these whales are buying back now. --- Anyway, reducing positions is always safer than increasing them, at least it shows they are thinking. --- That wave in 2021 was definitely done this way, but don’t forget there was a big drop afterward. History rhymes but never repeats exactly. --- Wait, are they really bearish or just shaking out? That’s the key. --- Watching on-chain data every day, but still can't quite figure out what the whales are thinking.
View OriginalReply0
VitalikFanboy42vip
· 14h ago
Whale selling 220,000 coins? Is this really the breakout? History always repeats itself astonishingly.
View OriginalReply0
FUD_Whisperervip
· 14h ago
Whales are dumping again. Can this time really turn the tide? Feels like the same story every time. 220,000 coins dumped—will history repeat itself? I remain skeptical; don’t be fooled by the story. Large holders reducing their positions isn’t necessarily a good sign; maybe they just want to run away. Wait, weren’t those "market-leading" whale moves before also what led many people into the trap? Tired of the "history repeating itself" narrative; on-chain data always tells a story.
View OriginalReply0
quietly_stakingvip
· 14h ago
The whales are selling off so aggressively, we need to keep a close eye next month.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)