2026-01-09 16:21:25

Recently, there is a phenomenon worth noting: large holders with 1,000 to 10,000 BTC seem to be reducing their holdings. According to on-chain data, these addresses have decreased by 220,000 BTC over the past year, marking the fastest decline since early 2023.

Interestingly, a similar situation occurred between 2021 and 2022—just before the price peaked. The actions of large holders often reflect certain market expectations; their choice to reduce holdings rather than buy the dip at this stage suggests a shift in market sentiment.

Of course, this doesn't necessarily mean anything definite will happen, but it does give us an observation angle: at this current point, what is the attitude of big capital, and what market logic is reflected behind these data changes?

BTC-0,37%

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WealthCoffee

· 1h ago

The signal of large holders reducing their positions is quite interesting. Is history always repeating itself? --- 220,000 BTC were sold in a year. Is this time really different? --- Damn, the 2021 playbook is back. Am I really going to see it happen again? --- Reducing positions ≠ falling prices. Don't jump to conclusions... It's just the market adjusting its sentiment. --- The real question is: Do large holders know something we don't... --- By the way, when was this data released? Could it already be outdated? --- I just want to know who these large holders in the 1,000-10,000 range are selling to. --- It's the same logic again—every time they say history repeats, but each time it's different. --- It seems like large holders are waiting for a certain signal, and the true bottom hasn't arrived yet. --- Thinking in reverse, could they be dumping before clearing their positions?

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degenonymous

· 1h ago

220,000 BTC have run away, this time it's really a bit scary The big players are reacting to the news, history always seems to repeat itself It's not that reducing positions means you have to run, but the mindset has indeed changed Wait, is this data accurate? Feels like some on-chain data can also be deceptive That wave in 2021 was also like this, and then... feeling a bit anxious This node is indeed worth being cautious about, although it could also be a false signal The big players' money is speaking, so we'll just watch and see

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MetaverseHobo

· 11h ago

Whales reduce holdings by 220,000 coins? This time really is different The same thing happened in 2021-2022, and it's making me a bit nervous Who the hell said this is the top? I want to push a bit more Reducing holdings is just reducing holdings, anyway I’ll keep accumulating to lower the average cost What does this data indicate? The key is to watch the subsequent movements But to be honest, I’m a bit panicked, big funds have already exited What’s going on? Are we about to see another plunge? History always repeats itself, but each time is different. I bet this time will be different The big players might just be offloading, and we retail investors are the bagholders Watching BTC, waiting to see what happens next, feels like a wave is about to rise

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CryptoSourGrape

· 01-09 16:51

If I had known earlier that the big players were quietly fleeing, I wouldn't have been so clumsy in bottom fishing... --- Same old story, I heard this in 2021 too, but in the end, I still didn't sell at the top. --- 22 million tokens sold, and I'm just wondering how these big players are so accurate... Maybe I should learn their art of reducing positions? --- Damn, if I had 1000 BTC, I would have sold already. The problem is, I don't even have one. --- Is history repeating itself? No way, no way... What should I do with my dollar-cost averaging plan? Should I stop now or keep risking it? --- Big players' secret: Let's bail first, and retail investors can get trapped slowly hahaha

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ContractTester

· 01-09 16:49

Whale reduces holdings by 220,000 coins. Is this really different this time? Wait, the 2021 cycle also saw such reductions, and what was the result? Reducing holdings ≠ peaking, don’t be scared by the data The big fish have moved away, are retail investors still catching the bag? 220,000 coins sound like a lot, but it depends on where the flow is heading Is history repeating itself or is the wolf really coming? Who can say for sure It feels like the story is about to start again If the big whales have already run, why are they still holding so much? Reducing holdings is good, it stabilizes the market This logic can be used in every bull market

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ThreeHornBlasts

· 01-09 16:40

Whales offload 220,000 coins, this rhythm does feel a bit familiar That same pattern was seen in 2021, back then I thought it could reach 100,000 But on the other hand, looking at on-chain data alone is a bit one-sided; we need to see if institutions are accumulating or actually fleeing It seems more reliable to watch when the next large transfer will happen Could this round again be a good show of wealth transfer...

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MoonlightGamer

· 01-09 16:39

Large investors reduce their holdings by 220,000 BTC, sounds scary, but this wave could also be a shakeout? History always repeats itself, just like in 2021. But honestly, this data is definitely worth paying attention to. The movements of big funds are never to be taken lightly. Signals before hitting the peak? Maybe it's just to scare retail investors. I don't believe they can't be trapped. Large investors reducing holdings ≠ being bearish; maybe they are preparing to switch positions. Anyway, on-chain data just shows it like this, believe it or not. Another story of "this time is different." Anyway, there's no absolute in the crypto world, it's all a game of probabilities. Moving 220,000 BTC—what does it mean? It indicates that big investors are also testing the waters. No one dares to guarantee what the next step will be. What if history repeats itself? BTC can hit new highs every time. Worrying is useless; just focus on your own positions.

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TokenAlchemist

· 01-09 16:28

22k btc dump in a year? nah that's the data everyone ignores until it suddenly matters... the inefficiency vector here is pretty obvious if you're actually looking at state transitions instead of price action

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