BTC price is volatile and upcoming with MSTR stock situation MSCI Considering the decision, the next 2 weeks will not be easy. Even though we see an occasional rise in altcoins, investors need to be cautious. Crypto markets love surprises, but a strong price catalyst is needed for a rapid rise. Today we will discuss a misconception about whale movements.
Do Whales Buy Bitcoin?
Coinbase exchange, which made transfers of 800 thousand BTC in the last quarter of 2025, broke the on-chain metrics. We talked about the details of this in those days, but some analysts and social media accounts are still sharing posts like “whales are buying BTC like crazy.” They are wrong in this regard, Darkfost drew attention to the fact of whale accumulation, which is still misunderstood in its latest review.
“Whales are buying I see the posts, these are always wrong analyses.
Data shows approximately 800,000 users on Coinbase of BTC distorted by movement. I keep repeating this point, but it still doesn’t seem to be properly understood by many, and I’ve never seen so many false signals circulating as a result of this phenomenon. When Coinbase made these moves, it didn’t just spend UTXOs, which are categorized as LTH.
Given the size of the amounts moved and the large number of transactions involved, this also affected the data on cohort values.
You can see in this chart that when Coinbase makes these moves, it is not just spending UTXOs, which are categorized as LTH. “Given the size of the amounts moved and the large number of transactions involved, this also impacted data on cohort values.”
1,000 in summary from BTC Coinbase transfers that destroyed small UTXOs and created new consolidated UTXOs over 1,000 BTC caused false signals as of November 23.
While actual conditions do not yet indicate significant whale movement or accumulation, activity has also declined significantly. If you see posts saying “whales are buying like crazy,” you may think this is related to the 800 thousand BTC movement on November 23.
Latest Situation in Cryptocurrencies
US markets are calm and BTC regained $89,000 after a rapid decline. in altcoins In order for the rise to continue, downward movements must be limited. If the FUD valid for January was priced in the past 3 boring months, a rise that “has difficulty convincing even the bulls” may begin these days. Cryptocurrencies generally experience bad prices early on and are already on the rise when the bad happens.
Since today is the first business day of the year, the direction of volatility at the end of the week can be determined according to the performance of the day. The January 2 candle close being above 90 thousand dollars could pave the way for a good weekend.
