New data sheds light on how large Bitcoin holders, particularly institutional investors with significant holdings, have been influencing market movements recently, ahead of a period of volatility. Analysis reveals the presence of strategic behavior among these entities, specifically those holding 1,000 to 10,000 BTC, which has played a key role in shaping short-term market structure. These whales are focusing their activities on Binance, contributing to price discovery during periods of macroeconomic uncertainty. Analysis of Spent Output Value Bands (SOVB) suggests strategic distribution patterns amongst these large holders, who have been aggressively buying and selling Bitcoin near high points, potentially capitalizing on rallies for profit or rebalancing holdings, often ahead of corrections driven by liquidity.