Whale
Transactions of 500 BTC or larger but below the Mega Whale threshold (1,000 BTC). Common for large traders, OTC desks, exchange operations, and treasury management. Most actionable tier for daily flow analysis.
Whale Cohort Analysis: 100+ BTC vs 1000+ BTC
On-chain analysis · 60 seconds
Key takeaways
- 100+ BTC holders are active traders moving coins frequently
- 1000+ BTC whales rarely sell—they accumulate long-term
- Whale behavior signals market sentiment weeks ahead
- Track movements to anticipate price direction shifts
Full explainer
Why do the richest Bitcoin holders almost never sell? The answer splits whale behavior into two distinct groups. Holders with 100 to 999 Bitcoin are active traders—they buy, sell, and shuffle coins constantly, riding short-term momentum. But zoom into wallets holding over one thousand Bitcoin, and you see something completely different: glacial movement. These mega-whales accumulate silently and hold for years. When they finally move coins, on-chain data shows it happens weeks before major price shifts. By monitoring these whale cohorts separately, you're essentially reading the playbook of Bitcoin's largest players before retail investors catch on.
Originally posted on YouTube: https://youtu.be/hjOumGWWlVA