Bitcoin Whale Trading Volume Has Declined Significantly Since March Peak

According to the latest data from blockchain analytics platform Santiment, bitcoin whales have seen a significant decrease in trading volume since March, when bitcoin hit an all-time high.Santiment noted in its September 11th X post that “cryptocurrency whale trading activity has declined significantly since mid-August.” Since March 13, when Bitcoin hit a high of $73,679, weekly trading volume in Bitcoin worth $100,000 or more has declined by 33.6 percent. 
Santiment emphasized that this is not a bearish sign, as whale holders remain active throughout the market's bullish and bearish cycles. With market sentiment still in a state of “fear,” investors are waiting for the next buying or selling opportunity.