Hacking News
Whales Load Up Bitcoin, Retail Borrowing Drops
An unidentified investor moved 1,162 BTC out of Wintermute into five new wallets in 12 hours, according to Lookonchain. Cryptoquant reports that Bitcoin whales now hold 3.03 million BTC, their largest stash since November 2025. This suggests that the big players are accumulating Bitcoin while retail borrowing has dropped, indicating that retail investors are borrowing less and may be more vulnerable to potential price drops. Cryptoquant also notes that ETFs have flipped positive year-to-date, inflowing about $1.5 billion, which is a positive sign for the market. The article concludes with a warning that a potential short-term pullback is still possible, as retail borrowing remains under $100K, and the support level at $80,000 is under pressure.