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Bitcoin Giants Shrink: Whales Quietly Hand Off Billions To Institutions

  • Whales have sold over 500,000 BTC worth north of $50 billion in the past 12 months, with institutions acquiring almost all of the coins.
  • Big holders are transferring ownership, with wallets holding 1,000–10,000 BTC decreasing while those with 100–1,000 BTC are increasing, indicating a shift in ownership.
  • Institutions, including funds, ETFs, and corporate treasuries, have significantly increased their Bitcoin holdings, helping to maintain market balance despite whales reducing their stakes.
  • Medium-sized wallets are expanding, suggesting a change in investor demographics. The increase in institutional activity has led to lower volatility in Bitcoin prices, resembling a steady dividend payer.

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