Data: Bitcoin whale trading volume has significantly decreased since the peak in March

ChainCatcher message, according to the latest data from the blockchain analysis platform Santiment, since Bitcoin reached its all-time high in March, the trading volume of Bitcoin whales has significantly decreased. Santiment noted in a post on X on September 11: "Since mid-August, whale trading activity in cryptocurrency has clearly declined." Since Bitcoin hit a high of $73,679 on March 13, the weekly trading volume of Bitcoin valued at $100,000 or more has decreased by 33.6%.

Santiment emphasized that this is not a bearish signal, as whale holders remain active during market bull and bear cycles. With market sentiment still in a state of "fear," investors are waiting for the next buying or selling opportunity.