Bitcoin Whales’ Profits Plummet! Is the Bull Run Losing Steam?
Earlier this month, Bitcoin’s price was around $102,398.17. Since then, the market has fallen by 5.77%. In the last month, the market rose at least 9.54%. Not surprisingly, a report shows that large BTC holders have lower profits this month compared to January. Let’s take a closer look.
Bitcoin Whale makes less profit in February
According to the report, earlier this year, large BTC holders realized profits of about $3 billion. The same report shows that large BTC holders (holding 10 to 10,000 BTC) have lower profits this month compared to January.
Huge profits in January – but why change?
At the beginning of the year, BTC was priced at $93,569.38. Between January 1 and 6, the market rose sharply by 9.25%. However, between January 7 and 9, the market fell by 9.46%. Later, with an upward momentum of 14.61%, the market recovered from previous corrections. Between January 16 and 31, the market scope remained within the range of $99,995 and $106,190. At one point on January 20, the market hit as high as $109,603.27. In January 2025, the growth rate of the BTC market was 9.54%, much higher than the 0.87% growth in the same month of the previous year.
It seems that market conditions may encourage large BTC holders to make profits in January.
Bitcoin price remains above $90,000 in February
It is worth noting that although large BTC holders saw lower profits in February, the BT market did not experience a significant decline.
In the first two days of February, the Bitcoin market fell sharply by 4.68%. At a point on February 3, the market hit a low price of $91,235.33. However, on February 5, the market entered $98,305.18 and $95,666.64. As of now, the BTC price is $96,472.30, indicating that the market remains within this range.
Current price trends indicate that the Bitcoin market remains stable above $90,000.
Are Bitcoin Whale changing its market strategy?
Stability shows that the sales pressure of whales is controlled. Large holders seem to be adjusting their approach, rather than mass sales. This shows that large Bitcoin holders have long-term confidence in the price of BTC.
In short, if whales continue to hold instead of actively selling, Bitcoin can maintain a strong price level.
