Bitcoin whale balances see 21% bounce after fastest sell-off since 2023 ends - Source: CoinTelegraph

Data shows Bitcoin’s largest holders reaccumulating coins after a period of heavy distribution. Data indicates that whale balances have turned higher following the sharpest sell-off since early 2023, while the mid-sized holders continue to reduce exposure.

Key takeaways:

• -Whale addresses added 46,000 BTC this week, turning the one-year net change positive for the first time since Q4 2025.

• -Dolphin addresses, including ETFs and treasury entities, cut holdings further to 589,000 BTC, extending a multi-month slowdown in demand.

• -Dolphin flows have dominated price impact this cycle, but whale accumulation has historically preceded key rallies.

Story continues: https://cointelegraph.com/news/bitcoin-whale-balances-see-21percent-bounce-after-fastest-sell-off-since-2023-ends