According to CryptoQuant, the share of large holders with over 1000 BTC has grown to 60%, which is a 43% increase compared to July 2024. This surge happened especially when Bitcoin’s price hit $55,000.
New whales, holding coins for less than 155 days, trade actively and react quickly to market changes, unlike older players who follow long-term strategies.
These new participants are significantly influencing the market, especially during periods of growth and optimism.