Santiment: Since mid-August, the number of cryptocurrency whale transactions has significantly decreased

News on September 12, Santiment posted on X stating that since mid-August, there has been a significant decline in crypto whale trading. Bitcoin: Since the peak in March/April, the number of transfers over $100,000 has decreased by 33.6%; Ethereum: Since the peak in March/April, the number of transfers over $100,000 has decreased by 72.5%. Analysts say this is not necessarily a bearish signal. Whales are equally active in bull or bear markets. But it does indicate that during periods of extreme greed or fear among the public, large key stakeholders continue to wait for opportunities and plan their next move. Since Bitcoin reached its all-time high six months ago, people have reacted very strongly to medium-scale fluctuations. According to sentiment patterns, Bitcoin's return to $70k could be accompanied by a lot of FOMO (Fear Of Missing Out), while falling to $45k could lead to serious FUD (Fear Uncertainty Doubt).