Santiment: Bitcoin Whale Transfers Hit Multi-Year Lows as Activity Fades

Santiment says Bitcoin's Whale Transaction Count has recently fallen, indicating reduced activity from large holders. The metric tracks daily BTC transfers above $100,000 and is now at 6,417, the lowest since September 2023, while $1 million+ transfers have dropped to 1,485, the lowest since October 2024. Bitcoin also dipped under $68,000 earlier before rebounding to $70,800.