BTC Whales Turn Net Positive After Fastest Selloff In Years Ends
The post BTC Whales Turn Net Positive After Fastest Selloff In Years Ends appeared on BitcoinEthereumNews.com.
Data shows Bitcoin’s (BTC) 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. Bitcoin whale balances turn positive after record drawdown Last week, CryptoQuant’s report showed that the one-year net change in total holdings for BTC addresses, or “whales,” holding 1,000 to 10,000 BTC, declined by 220,000 BTC. Bitcoin whale holdings one-year change. Source: CryptoQuant This means whale balances fell by that amount compared to the same period a year earlier. The drawdown followed a cycle high in net accumulation of 400,000 BTC recorded in December 2024 and marked the steepest negative shift in the one-year change since early 2023. The trend shifted this week. Whale addresses registered an uptick of 46,000 BTC in one-year change for total holdings, i.e., a 21% increase, pushing the metric back into positive territory for the first time since November 2025. While the rebound remains modest, the timing is notable following the fastest distribution phase of the current cycle. The outlook is less constructive for the “dolphin” cohort, defined as addresses holding 100–1,000 BTC, including exchange-traded funds (ETFs) and corporate treasuries. One-year change in total dolphin holdings peaked at a net increase of 972,000 BTC on October 4, 2025, before falling to 634,000 BTC last week. This week, balances declined further to 589,000 BTC, extending the drawdown to nearly 38% from the peak…
Filed under: News - @ January 16, 2026 6:22 am