The post Bitcoin Price Dips 5.77% – Are Whales Selling or Holding? appeared first on Coinpedia Fintech News
At the start of February, Bitcoin was trading at $102,398.17. Since then, it has slipped by 5.77%, cooling off after a strong 9.54% surge in January. But here’s where things get interesting – despite the dip, the market hasn’t seen a major sell-off. Instead, a new trend is emerging among large Bitcoin holders.
A recent report suggests that whales—investors holding between 10 and 10,000 BTC – are realizing lower profits this month compared to January. So, what’s really happening? Are whales quietly holding onto their BTC?
Let’s take a closer look.
Bitcoin Whales Took More Profits in January
The report shows that large BTC holders made around $3 billion in realized profits earlier this year. Those holding between 10 and 10,000 BTC saw higher gains in January than in February.
Bitcoin started 2025 at $93,569.38. From January 1 to 6, it surged by 9.25%, only to drop 9.46% between January 7 and 9. However, a strong 14.61% rebound helped BTC recover. For the rest of January, Bitcoin stayed between $99,995 and $106,190, peaking at $109,603.27 on January 20. By the end of the month, BTC had gained 9.54%—far higher than the 0.87% increase seen in January 2024.
This suggests that strong market conditions encouraged whales to take profits in January.
February Sees Lower Profits, But No Major Sell-Off
Despite lower realized profits among large holders, Bitcoin hasn’t seen a major price crash in February.
BTC fell 4.68% in the first two days of the month, briefly hitting a low of $91,235.33 on February 3. By February 5, it settled within a range of $98,305.18 to $95,666.64. As of now, BTC is trading at $96,472.30, staying within this range.
Are Bitcoin Whales Changing Their Market Strategy?
Bitcoin’s ability to stay above $90,000 suggests that selling pressure from whales is controlled. Instead of mass selling, large holders appear to be adjusting their approach. This signals long-term confidence among major investors in Bitcoin’s value.
If whales continue to hold rather than sell aggressively, Bitcoin could remain at strong price levels. The key question now is whether BTC can reclaim its January highs or if another correction is ahead.
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Despite the dip, Bitcoin’s stability above $90,000 suggests the bulls aren’t backing down just yet.
FAQs
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains.
With increased adoption, the price of 1 Bitcoin could reach a height of $610,646 in 2030.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.
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