Bitcoin (BTC) whales, addresses holding between 10 and 1000 BTC, have reduced their holdings significantly since Bitcoin's all-time high. According to Santiment data, these key holders currently control 13.68 million BTC, representing 68.62% of the total Bitcoin supply. Prior to the peak, these wallets accumulated roughly 110,000 BTC. However, since the all-time high, they have offloaded approximately 23,200 BTC. This sell-off by Bitcoin whales could indicate a shift in sentiment among these large holders or a strategic reallocation of their assets. While not a massive percentage of their total holdings, this Bitcoin sell-off is noteworthy. Market participants are watching closely to see if this trend continues and its potential impact on Bitcoin's price. Larger BTC holders can influence market conditions. ```