Oh, great. Bitcoin whales are having their annual pool party 🎉, and guess what? They’ve invited everyone to watch their transactions spike higher than my blood pressure at a deli counter. According to Santiment, Bitcoin’s price is sinking faster than my last relationship, and these whales are having a field day.
Apparently, Bitcoin dropped below $90,000 this week-first time in seven months. Seven months! That’s like an eternity in crypto time. Meanwhile, Santiment is tracking whale transactions like a nosy neighbor peeking through blinds. Over 102,000 transactions above $100,000? And 29,000 over $1 million? Jeez, these whales must be using Monopoly money.
“This week might just be the most active whale week of 2025! 🐋📈 Oh, and by the way, they’re done dumping-now they’re accumulating again. How convenient.”
Some analysts are blaming the whales for the market pullback. Of course they are. Because when in doubt, blame the whales. 🐋🤷♂️ But wait! Glassnode says these big boys have actually been accumulating Bitcoin since late October. So… are they the villains or the heroes? Crypto drama is better than reality TV.
Whales Love a Good Discount 🛒
Pav Hundal from Swyftx (great name, by the way) says whale activity is driven by news cycles and geopolitical events. Oh, so now whales are day traders with Twitter alerts? 🚨 Pav also mentioned BTC rallied after Nvidia’s earnings-because, sure, why wouldn’t Bitcoin care about GPU sales?
“The market is irrational right now.”
No kidding. Next, you’ll tell me water is wet. Bradley Duke from Bitwise chimed in, saying whales are buying the dip while everyone else is panicking. Classic whale move-buy low, sell high, and make the rest of us feel dumb.
Is Someone Being Forced to Sell? 🤔
Tushar Jain from Multicoin Capital thinks there’s a big forced seller in the market. Systematic selling at specific hours? Sounds like someone’s margin call got called. 🚨💸 He says it probably won’t last much longer. Famous last words.
Meanwhile, BitMine’s Tom Lee and Bitwise’s Matt Hougan predict Bitcoin could hit bottom this week. Because, you know, predicting bottoms in crypto is so reliable. 🙄
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2025-11-20 06:24