They Generally Know Right in Bitcoin: The Price Will Climb to 100 Thousand Dollars! - Coin Bulletin

According to Santiment data, large Bitcoin investors are strengthening their positions during the last 6 weeks of surge, while small investors are selling.

The latest data shared by the crypto analysis platform Santiment shows that despite the horizontal movement and surges in the price of Bitcoin, large investors have continued to quietly buy. According to the analysis, wallets holding between 10-10,000 BTC, which have the highest correlation with the overall health of the cryptocurrency market, accumulated a total of 81,338 BTC during the last 6-week period of volatility.

This figure indicates a 0.61% increase in the total assets of wallets in this category. During the same period, small investors holding less than 0.1 BTC, who typically have an inverse relationship with price, sold a total of 290 BTC, which is 0.60% of their assets (.

)# Do large investors believe in the 100,000 dollar Bitcoin target?

Santiment analysts emphasize that the gradual accumulation by large wallets and the selling by retail investors due to panic sales or boredom is a strong long-term indicator that prices are typically waiting for another surge before making their move.

This situation supports the expectations among experienced investors in the market that Bitcoin could reach the 100,000 dollars level in the near future. It is noted that the gradual purchases by whales can be seen as a strategy to strengthen their positions without creating sudden price volatility in the market.

Whale behaviors are critical in price prediction

The movements of large investors referred to as whales in the crypto market are generally considered a leading indicator for price direction. According to Santiment's data, the behavior of wallets holding assets, especially between 10-10,000 BTC, provides the most reliable signals regarding the future movement of Bitcoin prices.

It is evaluated that the current situation, where small investors are selling and large investors are buying, reflects a classic accumulation phase and may herald a potential surge. Experts indicate that Bitcoin may continue to move sideways in the short term, but that the buying strategies of whales support long-term bullish expectations.