BTC whale transfers fall to lowest since Sept. 2023 amid uncertainty

Bitcoin whale transfer activity has dropped to its lowest level since September 2023. According to Santiment, the number of BTC transfers worth over $100,000 in a 24-hour period was 6,417, the lowest figure since September 2023. Transfers of over $1 million also fell to 1,485, the lowest since October 2024. Santiment stated that whale activity has entered a historically quiet phase, attributing this to major stakeholders waiting for developments regarding the prolonged war and for regulatory guidelines to be specified through the CLARITY Act. The firm added that whales are being cautious about moving funds amid numerous policy changes and global uncertainties.