Expert-Reviewed Cryptocurrency Analysis
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Bitcoin Market Fluctuations Intensify
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Throughout the weekend, the cryptocurrency market experienced heightened volatility, leading to Bitcoin’s value dropping back to the $86,000 threshold. Despite the recent downward trend, purchasing activity is on the rise, particularly among significant Bitcoin holders, indicating sustained interest in the digital asset.
Major Bitcoin Wallets Display Strong Confidence
Although Bitcoin’s price has been affected by increased market volatility, a bullish outlook persists among investors. Notably, large Bitcoin holders, often referred to as whales, are showing renewed interest and are gradually reentering the market.
According to Santiment, a reputable platform for market intelligence and on-chain data, these influential investors are accumulating Bitcoin at a consistent and promising rate, despite the overall market’s waning momentum. Historically, such accumulation has occurred during periods of market uncertainty, where prices do not fully reflect the underlying confidence in the asset.
Santiment’s data also reveal that the buying activity is concentrated among wallet addresses holding over 1,000 BTC. After several months of persistent accumulation, these investors have collectively amassed approximately 104,340 BTC, reflecting an increase of more than 1.5%.
Consequently, the total holdings of these affluent investors have reached 7.17 million BTC, the highest level since September 15, 2025. Instead of reacting to market fluctuations, these investors are gradually absorbing the available supply, demonstrating their belief in Bitcoin’s medium- to long-term prospects.
Additionally, there has been a notable surge in whale transactions, with the number of daily transfers exceeding $1 million reaching a two-month high, further emphasizing the growing buying pressure among large Bitcoin holders.
Decline in Bitcoin Open Interest
The decrease in Bitcoin’s open interest continues to align with the ongoing price drop. Market expert and CryptoQuant author, Darkfost, has pointed out that the declining open interest does not support the formation of a new trend, as observed on a weekly basis.
Since November, this metric has largely remained negative, indicating a sustained downward trend. Although there was a brief recovery earlier this month, it was soon followed by a price reaction.
Darkfost explains that an increase in open interest typically signals either trend continuation or a potential trend reversal, often driven by a surge in long positions. This is usually corroborated by funding rates, which tend to reflect market sentiment in most scenarios.
On Sunday, as Bitcoin undergoes a steady correction, deleveraging also intensified. While this presents a bearish outlook in the short term, it simultaneously helps cleanse the market of excessive leverage. It is vital to acknowledge that futures remain a primary source of trading volume, making it crucial to monitor developments in this area closely.
Bitcoin currently trades at $87,935 on the daily chart, highlighting the ongoing market dynamics and the importance of strategic analysis.
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