Bitcoin whale adresses add 61,568 BTC as $68K still dey hold
On-chain data from Santiment show say Bitcoin whale addresses (wey dey hold 10–10,000 BTC) don accumulate 61,568 BTC inside the past 30 days as price dey test the $68,100 support zone. Earlier reporting still talk say “smart money” dey buy between Jan 10–19 while retail wallets dey sell, showing difference between whale confidence and how small holders dey behave.
Santiment estimate say the whale volume na about $4.2B for current prices and dem dey measure flows by tracking UTXO set changes across wallet balance bands. Dem still note say smaller “shrimp” addresses (often under 0.01 BTC) dey accumulate along with whales — one uncommon whale+retail alignment we fit mean broader spot demand no be just one group trade.
For traders, this one fit reduce immediate sell-side supply as coins move from exchanges to private wallets, supporting bullish momentum if spot demand remain strong. But both summaries stress say on-chain signals fit be overridden by macro shocks and headline-driven volatility. Expect choppy trading near key technical levels, with bullish skew if BTC hold support and accumulation continue.
Bullish
Santiment whale-flow data dey show say near-term sell pressure don reduce: BTC supply dey move from exchange dem go higher-balance wallets as price still dey hold the $68K area. The earlier “smart money vs. retail” divergence dey confirm say na bigger players get the conviction even as smaller holders dey sell. Plus sey retail-like “shrimp” wallets too dey accumulate make this setup more credible pass if na only whales dey buy.
Short-term, traders fit still see choppy action because on-chain flows no dey immune to macro and headline shocks; the summaries note caution indicators and say volatility fit dominate. Long-term, however, sustained whale+retail accumulation under support fit form a demand floor and improve the chance of an upside breakout, especially if spot demand remain steady and BTC continue to defend the tested support.