The post Crypto Whales Increase Buying as Bitcoin Drops and Market Fear Rises appeared on BitcoinEthereumNews.com. Bitcoin whale activity could experience its highest spike in weekly transactions this year with Bitcoin falling under $90,000, according to the market intelligence platform Santiment. The increase in whale activity has grown in step with the slump in crypto prices, Santiment said in an X post on Wednesday.  Bitcoin (BTC) dropped below $90,000 this week for the first time in seven months. Santiment said it has already tracked over 102,000 whale transactions exceeding $100,000, and a further 29,000 transactions over $1 million.  “This week has a good chance of ending up as the most active whale week of 2025, with the context of these whale moves gradually turning from dumping to accumulating again.”  Source: Santiment Some analysts have speculated whale selling is partly to blame for the crypto market pullback. However, data from the analytics platform Glassnode shows that large holders have been accumulating since late October, with a notable spike in whale wallets holding more than 1,000 Bitcoin starting last Friday.  Whales are buying the dip  Speaking to Cointelegraph, Pav Hundal, the lead analyst at crypto trading platform Swyftx, said he believes news cycles have driven spikes in whale activity over the last year, with a significant amount of twitch trading linked to geopolitical events in the US.  “BTC has rallied in the wake of Nvidia’s bumper results and that suggests to me that both whales and retail are stepping in and buying,” he said, adding that “the buy-to-sell ratio across Swyftx’s own order books was at record highs in early trading, with 10 buys to every sell, compared to the average of 3:1. Investors are buying the dip.” “The market is irrational at the moment. We’ve seen an unprecedented shake-out of short-term holders over the last few weeks. When you look at the data, I see this as… The post Crypto Whales Increase Buying as Bitcoin Drops and Market Fear Rises appeared on BitcoinEthereumNews.com. Bitcoin whale activity could experience its highest spike in weekly transactions this year with Bitcoin falling under $90,000, according to the market intelligence platform Santiment. The increase in whale activity has grown in step with the slump in crypto prices, Santiment said in an X post on Wednesday.  Bitcoin (BTC) dropped below $90,000 this week for the first time in seven months. Santiment said it has already tracked over 102,000 whale transactions exceeding $100,000, and a further 29,000 transactions over $1 million.  “This week has a good chance of ending up as the most active whale week of 2025, with the context of these whale moves gradually turning from dumping to accumulating again.”  Source: Santiment Some analysts have speculated whale selling is partly to blame for the crypto market pullback. However, data from the analytics platform Glassnode shows that large holders have been accumulating since late October, with a notable spike in whale wallets holding more than 1,000 Bitcoin starting last Friday.  Whales are buying the dip  Speaking to Cointelegraph, Pav Hundal, the lead analyst at crypto trading platform Swyftx, said he believes news cycles have driven spikes in whale activity over the last year, with a significant amount of twitch trading linked to geopolitical events in the US.  “BTC has rallied in the wake of Nvidia’s bumper results and that suggests to me that both whales and retail are stepping in and buying,” he said, adding that “the buy-to-sell ratio across Swyftx’s own order books was at record highs in early trading, with 10 buys to every sell, compared to the average of 3:1. Investors are buying the dip.” “The market is irrational at the moment. We’ve seen an unprecedented shake-out of short-term holders over the last few weeks. When you look at the data, I see this as…