Santiment: Bitcoin "whales" continue to accumulate during the decline

BTC0,73%

ChainCatcher Message, the crypto market analysis platform Santiment posted data on social media stating that Bitcoin’s price has fallen back to $89,400, while gold and silver continue to soar. Nevertheless, Bitcoin’s “whales” and “sharks” are still accumulating.

Whale addresses holding 10-1 million BTC: increased by 36,322 BTC in the past 9 days (+0.27%); “shrimp” addresses holding less than 0.01 BTC: decreased by 132 BTC in the past 9 days (-0.28%). Santiment stated that the best time for a breakout in crypto assets often occurs when “smart money” is accumulating while retail investors are selling. Setting aside geopolitical factors, this capital flow pattern is continuously building a long-term bullish technical divergence.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Expert Predicts the Bitcoin Price and Warns of a Possible Drop Toward $44K

The Bitcoin price has been moving through a volatile stretch lately. BTC climbed above the $73,000 mark last week before pulling back again, and it’s now trading around the $67,000 range. Moves like this have kept traders debating whether the market is stabilizing or simply pausing before the n

CaptainAltcoin5m ago

BTC Breaks Through 68,000 USDT

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,018.9 USDT.

CryptoRadar13m ago

Today's Cryptocurrency News (March 9) | Strategy aims to raise $300 million; Bitcoin rebounds and breaks through $67,000

This article summarizes cryptocurrency news as of March 9, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. The Flow Foundation seeks a court injunction to prevent Korean exchanges from delisting FLOW tokens; 2. The probability of a US recession has surged to 40%, with rising oil prices and escalating geopolitical tensions increasing risks; 3. North Korea has stolen $2.8 billion in crypto assets over the past two years, and the US Treasury Department plans to strengthen regulation of stablecoins.

GateNews26m ago

Starcloud Targets Bitcoin Mining in Orbit With New Satellite

Starcloud plans to mine Bitcoin from space using a second spacecraft, aiming to utilize solar energy and the cold environment of low Earth orbit. This initiative could revolutionize energy-intensive computing and address cooling and energy costs for mining operations.

TodayqNews36m ago

New Crypto Buyers Enter the Market: Kazakhstan Plans to Invest Up to $350 Million

The Central Bank of Kazakhstan plans to invest up to $350 million in crypto assets, with investments starting from April to May, accounting for only 0.5% of reserves. At the same time, crypto assets seized by law enforcement will also be included in the national crypto fund, demonstrating the country's further recognition and cautious attitude towards cryptocurrencies.

PANews1h ago

Bitcoin Gold Price Soars 12.83%: Institutional Interest Grows

Bitcoin Gold's price surged by 12.83% to $0.554349, reflecting increased market interest, particularly from institutional investors. Active trading indicates growing retail participation. Traders are monitoring key price levels for potential future trends.

Coinfomania1h ago
Comment
0/400
No comments