At the start of February, Bitcoin was trading at $102,398.17 but has since dropped 5.77%. In contrast, January saw a 9.54% surge, leading to higher profits for large BTC holders. Reports now suggest Bitcoin whales—those holding 10 to 10,000 BTC—have realized fewer gains this month.
Let’s break down what’s happening and what it means for the market.
January’s Big Profits—Why the Sudden Change?
January 2025 was a highly profitable month for Bitcoin whales. The year started with BTC at $93,569.38, climbing 9.25% in the first week. After a brief 9.46% drop, Bitcoin rebounded 14.61%, reaching a high of $109,603.27 on January 20.
By the end of the month, BTC settled between $99,995 and $106,190, marking a 9.54% overall increase. Given this price action, many large holders likely took profits during the surge.
However, February has been a different story.
Bitcoin Holds Strong Above $90K Despite Lower Whale Profits
Despite reduced profits for Bitcoin whales in February, BTC prices have remained relatively stable.
- February 1-2: BTC dropped 4.68%, briefly touching $91,235.33.
- February 5: The price rebounded, fluctuating between $98,305.18 and $95,666.64.
- Current price: BTC stands at $96,472.30, staying within this range.
This stability suggests whales are not aggressively selling, even with lower profits. Instead, they may be adjusting their market strategy.
Are Bitcoin Whales Changing Their Strategy?
With BTC holding above $90,000, it seems large investors are choosing long-term confidence over short-term profit-taking. Instead of mass selling, whales may be accumulating or waiting for a better opportunity.
If this trend continues, Bitcoin could maintain strong price levels and potentially gear up for another rally.
Final Thoughts
Bitcoin whales have seen lower profits in February, but BTC remains stable. If they continue holding rather than selling, we could see strong price support and potential upward movement in the coming months.
Do you think Bitcoin will break past $100K again soon? Let us know in the comments!
