The drop of BTC below 90,000 USD activates the largest investors. Santiment data indicates that whales are aggressively buying the dips.
Over 130 thousand large transactions in a few days.
Macro factors are beginning to favor a rebound.
Whales are accumulating at full speed
The price of bitcoin has dropped to levels not seen in seven months, but for whales, this is a signal to act. Santiment reports over 102 thousand transactions exceeding 100 thousand USD and 29 thousand above 1 million USD. Analysts emphasize that this week could end with record activity from large wallets.
Although some claim that the earlier sale of whales was manipulation, Glassnode data shows the opposite – large players have been accumulating BTC since the end of October. The number of wallets with over 1000 BTC is rapidly increasing.
Experts note that the market has gone through a phase of aggressive 'washing out' of short-term investors. Pav Hundal from Swyftx assesses the situation as a 'mechanical resetting of the market', while Tushar Jain from Multicoin Capital points to systematic selling forced by liquidations – in his opinion, it is close to the end.
Meanwhile, macro factors are beginning to support the rebound: the Fed is ending tightening on December 1, Trump announces new rate cuts and talks about changing the Fed chairman. Additionally, in 2026, Americans are expected to receive a 'tariff dividend', which could increase capital inflow into the market.
