Bitcoin’s large holders are demonstrating continued buying activity despite the unwinding of leverage in derivative markets. No new insights from official sources or major analysts have been released as of October 2025, though historical patterns suggest this behavior is likely a response to price drops and increased volatility. Large holders are known to increase their holdings during these market downturns, although concrete confirmations remain unavailable at this time. Some analysts believe these actions could significantly impact market stability. Increased activity in spot markets may be expected as derivative markets experience downturns. The lack of fresh updates from industry experts has led to speculation regarding the correlation between decreased leverage and buying behavior. Historically, these trends have consistently emerged as significant drivers behind Bitcoin price fluctuations, with large holders playing a crucial role in shaping market movements. Past events like the May 2021 decline showcase this trend, prompting experts such as Willy Woo and Ki Young Ju to offer insights on how large holder activity can influence market sentiment.