Interesting data has emerged. The whale addresses holding between 1,000 and 10,000 Bitcoins collectively reduced their holdings by 220,000 coins over the past year. In March last year, these major holders had about 409,000 coins, and now the decline continues—this rate of reduction is the most aggressive since early 2023.

From another perspective, these players holding large amounts of Bitcoin are beginning to adjust their positions, which may reflect their certain market judgments. Whether they are taking profits for now or have other plans, the market will naturally provide the answer.