Bitcoin (CRYPTO: BTC) has retraced 3% and fallen below $118,000, with a ‘whale’ identified as the potential seller triggering the price d

Bitcoin BTC $117,260.01 whales, investors who already hold in excess of 10,000 BTC, are buying up more of the largest cryptocurrency in a sign of confidence in further upside even as the price sits just a few percent below its all-time high around $112,000.

The liveliness of BTC transfers slowed down in 2025, signaling most owners preferred not to spend their coins, instead betting on the long-term growth and seeing BTC as a reserve asset.