Definition ∞ Bitcoin whale activity refers to the significant transactions made by individuals or entities holding large quantities of Bitcoin. These large holders, often termed “whales,” can influence market sentiment and price movements through their substantial buying or selling actions. Monitoring their movements provides insight into potential market shifts. Their actions are typically tracked via on-chain analysis.
Context ∞ News frequently reports on Bitcoin whale activity, especially when large sums are moved to or from exchanges. Such transfers can signal upcoming market volatility or shifts in investor confidence. Analysts scrutinize these movements for indications of accumulation or distribution, which can precede major price changes.
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