Overview
- Santiment tracked more than 102,900 transactions over $100,000 and about 29,000 over $1 million this week, levels it describes as one of the strongest whale activity stretches of the year.
- Bitcoin briefly fell below $90,000 and is trading in the low-$90,000s after a multi-week pullback from highs near $125,000.
- Glassnode data show addresses holding at least 1,000 BTC rose to 1,384 from 1,354 in roughly three weeks as smaller holder counts declined.
- Funding rates remain broadly neutral, with Daan Crypto Trades citing heavy spot selling that is offsetting aggressive short positioning.
- Market gauges point to extreme fear and on-chain flows show a mix of exchange inbound and outbound activity, while some traders watch the $83,000 Fibonacci zone as a potential re-accumulation area.