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[Cartoon] “Whale Investors Must Join for Bitcoin’s Stable Uptrend”
Retail investors are buying Bitcoin (BTC), but analysts say that participation from whale investors is necessary for a meaningful rally. According to CoinDesk, citing Santiment, since Bitcoin reached an all-time high last October, holdings in wallets containing less than 0.1 BTC (retail investors) have increased by 2.5%, marking the largest share of supply since mid-2024. Meanwhile, the supply share of whale wallets holding between 10 and 10,000 BTC has declined by about 0.8%. As demand driven solely by retail investors is insufficient to sustain an uptrend, price movements have remained unstable and highly volatile. A shift to net buying by large investors is needed.
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