Bitcoin investors stopped selling, ETH whales are buying.

Bitcoin Investors Halt Sales

Long-term Bitcoin holders have refrained from selling significant amounts of their Bitcoin for the first time in six months. Investor Ted Pillows stated on the social media platform X, "Long-term holders have stopped selling Bitcoin for the first time since July 2025. Things are looking good for a relief rally at this point."

Change in Bitcoin Wallets

According to crypto data, the number of wallets holding Bitcoin for more than 155 days decreased from 14.8 million coins in mid-July to 14.3 million coins in December. This indicates that investors are behaving more cautiously and reducing their selling tendencies.

Increase in ETH Whale Purchases

On the Ethereum side, an increase in purchasing activity among whales has been observed. Analysts from Milk Road, based on data from the crypto analysis platform CryptoQuant, announced that large Ethereum holders have added approximately 120,000 ETH to their wallets since December 26. Currently, addresses holding more than 1,000 ETH control about 70% of the supply.

Market Behaviors and Investor Psychology

Large investors and whales stand out as significant actors that determine market dynamics. Their buying and selling decisions can directly affect market liquidity and overall investor psychology. However, investor sentiment often moves in the opposite direction of expectations; this is evident in the fluctuations in Bitcoin prices following the Christmas week.

Market Monitoring and Future Expectations

In the past week, Bitcoin has been trading between $86,744 and $90,064. However, after the Christmas week ended, investors began to adopt a cautious stance again amid selling pressure. It is important to pay attention to market fluctuations during this process.

The information provided here does not constitute investment advice, and market conditions are constantly changing. Stay tuned for detailed analysis and developments.