According to Santiment, over the past two weeks, the number of Bitcoin wallets holding at least 1,000 BTC has decreased by 1.61%, while Ethereum wallets with at least 10,000 ETH have increased by 8.00%. This contrasting whale activity between BTC and ETH indicates shifting market sentiment and potential rotation of large capital between the top two cryptocurrencies, which is a critical signal for traders monitoring large holder behavior and anticipating volatility in both markets (source: Santiment).

According to Santiment, Bitcoin's whale wallets holding 10 or more BTC have increased by 231 in the past 10 days, while smaller wallets holding between 0.001 and 10 BTC have decreased by 37,465 during the same period (source: Santiment Twitter, June 19, 2025). This divergent movement suggests that large holders are accumulating while retail participation is declining, a dynamic that often precedes significant price volatility. Traders should monitor this shift closely as it may indicate potential for sharp moves in BTC price, especially as Bitcoin's market value remains just above $104,300. Such accumulation by whales has historically signaled bullish sentiment or preparation for major market events, making this data critical for short-term and swing trading strategies.

According to Santiment (@santimentfeed), analysis of the past five years shows that whale wallets holding 100 to 1,000 BTC have the strongest correlation with Bitcoin price movements. In the last six weeks, this group has seen an increase of 337 wallets, with these whales collectively accumulating 122,330 more BTC. This significant accumulation indicates heightened bullish activity from influential investors, which historically signals potential upward momentum for Bitcoin prices. Traders should monitor whale wallet behavior closely, as their actions provide critical insights into upcoming BTC market trends (source: Santiment, May 28, 2025).