Odaily Planet Daily News: According to TradingView data, the BTC long positions held by Bitfinex whales began to decline after reaching a peak of nearly 73,000 BTC in late December last year. Historically, this behavior has, in some cases, cleared excessive leverage from the market and preceded a new upward trend. Market observer MartyParty noted that similar whale activities in the past signaled expansionary phases rather than long-term declines.
In addition, on-chain data from CryptoQuant shows that whale wallets held approximately 220,000 fewer BTC during 2025. CryptoQuant analyst CryptoZeno noted that BTC appears to be transitioning from a whale-dominated accumulation phase to a stage supported by a broader range of participants. CryptoQuant previously stated that much of the activity around the $90,000 level by whales reflects portfolio rebalancing rather than direct bearish bets. (Financefeeds)

