Recent data suggests Bitcoin whales are selling off significant amounts of their holdings amid falling prices. Key insights show a surge in bitcoin deposits to exchanges by these large holders, with CryptoQuant confirming this trend across platforms like Binance and Coinbase. This behavior has contributed to market pressure at the $108,000 level as institutional activity counters the sell-off from whales. Analysts believe that these significant moves, highlighted by high sales of Bitcoin exceeding $100 million and $500 million, may have affected liquidity on major exchanges, especially Binance and Coinbase. These large inflows were absorbed by ETFs and institutional investors who continued to actively buy into the market despite this pressure. However, the long-term holding perspective suggests a strategic profit-taking approach from whales, potentially causing volatility in the Bitcoin market. Long-term holders are leveraging these trends for potential hedging strategies. CryptoQuant has tracked this activity through its exchange whale ratio, offering insight into potential market corrections or stabilization phases. The trend is likely to remain under scrutiny by analysts as they continue to observe the dynamic relationship between large holder actions and BTC price movements. While institutional capital may mitigate short-term volatility, history suggests that similar whale activities often coincide with significant price drops during cryptocurrency market cycles.