Bitcoin Whale Activity Set to Reach 2025 High Amid Market Dip

Analysts report record whale transactions as Bitcoin falls below $90,000, signaling accumulation by large holders.

Whale Moves Intensify During Bitcoin Dip

Bitcoin’s recent decline below $90,000 has coincided with a surge in whale activity, with large holders increasingly buying the dip. According to market intelligence platform Santiment, this week could mark the most active whale week of 2025, reflecting significant transactions exceeding $100,000 and $1 million.

Record Whale Transactions This Week

Santiment reported over 102,000 whale transactions above $100,000 and 29,000 transactions exceeding $1 million since the market dip began.

“This week has a good chance of ending up as the most active whale week of 2025, with the context of these whale moves gradually turning from dumping to accumulating again,” Santiment noted.

📊 Bitcoin's whales have gotten more and more active as prices have dumped over the past six weeks. So far this week, we have seen:

🐋 Over 102.9K Whale Transactions exceeding $100K
🐳 Over 29K Whale Transactions exceeding $1M

😮 This week has a good chance of ending up as the… pic.twitter.com/oHsnMfEjgP

— Santiment (@santimentfeed) November 19, 2025

While some analysts initially linked recent volatility to whale selling, on-chain data from Glassnode shows accumulation has been ongoing since late October, particularly among wallets holding over 1,000 BTC.

Whales Buying the Dip

Industry experts suggest whales are taking advantage of market weakness to increase their holdings. Pav Hundal, lead analyst at crypto trading platform Swyftx, noted:

“BTC has rallied in the wake of Nvidia’s bumper results and that suggests to me that both whales and retail are stepping in and buying. The buy-to-sell ratio across Swyftx’s order books was at record highs in early trading, with 10 buys to every sell.”

He added that recent market turbulence represents a “mechanical shakeout”, clearing short-term holders and providing a necessary reset for the market.

Similarly, Bradley Duke, managing director at Bitwise Asset Management Europe, highlighted that fear and panic are affecting smaller investors, while whales continue accumulating at discounted prices:

“Large holders are keeping a level head and buying at discount prices from panic sellers. Stay strong.”

This is a fascinating chart:

While fear and panic had afflicted many investors, the number of BTC Whales has spiked up of late.

Large holders are keeping a level head and buying at discount prices from panic sellers.

Stay strong. pic.twitter.com/z1yWE4U0Ms

— Bradley Duke (@BradleyDukeBTC) November 19, 2025

Market Patterns Suggest Forced Selling May Ease

Tushar Jain, co-founder of Multicoin Capital, observed patterns consistent with a large forced seller in the market but expects this selling pressure to subside soon:

“It feels like a big forced seller is in the market… Hard to imagine this scale of forced selling continues for much longer.”

Other analysts, including Tom Lee and Matt Hougan, predict Bitcoin could hit a bottom this week, suggesting that whale accumulation may signal the end of the current correction.

The surge in whale transactions indicates that large holders are taking advantage of dips, providing stability amid retail panic. This activity may serve as a key indicator for Bitcoin’s next recovery phase, highlighting the role of whales in shaping market dynamics and potentially marking the start of a renewed upward trend.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.