For more than a decade, Bitcoin’s largest holders have acted as the unseen forces behind many of the market’s biggest surges and deepest crashes.
These so-called whales have always held outsized influence, but their behavior throughout 2025 suggests that a major shift is underway that could fundamentally reshape how Bitcoin (BTC) behaves heading into 2026.
The turning point came on Oct. 10, a day many traders now view as the unofficial end of the most recent crypto bull market. While…
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