Bitcoin Whale Activity Soars Amid Market Volatility

Recent volatility in Bitcoin’s price has spurred increased activity from whales, who are poised to record their highest weekly transaction volume this year. This surge coincides with the cryptocurrency dipping below $90,000, according to market intelligence platform Santiment, which reported a significant increase in whale transactions exceeding $100,000 and over $1 million. This week could potentially mark the most active period for whales, as they transition from selling to accumulating Bitcoin.