Retail Investors Increase Bitcoin Purchases as Whales Reduce Sales

Retail investors increase Bitcoin purchases; whales reduce sales.

Small and medium-sized holders of the leading cryptocurrency have intensified their accumulation of coins following the recent market correction. Meanwhile, large investors have reduced their sales volumes, according to Glassnode.

Analysts observed significant accumulation among investors with balances ranging from 1 to 1000 BTC. They believe this indicates growing confidence among retail and medium-sized players.

Large holders—those owning more than 1000 BTC—have eased their market pressure. The pace of their sales has noticeably slowed.

Experts at Glassnode suggest that such market participant behavior signals a renewed confidence in the asset following the recent “shake-up.”

Miners and Binance

Since October 9, miners have transferred 51,000 BTC, valued at over $5.7 billion, to the Binance exchange, according to CryptoQuant analysts.

Binance Data Indicates That Since October 9, Miners Have Deposited a Total of 51K Bitcoin

“The deposit of 51,000 Bitcoins within seven days represents a clear shift in miner behavior from holding to selling or liquidating.” – By @ArabxChain pic.twitter.com/qSN6WGK5bu

— CryptoQuant.com (@cryptoquant_com) October 16, 2025

The peak occurred on October 11, when over 14,000 BTC were deposited on the platform—the highest daily figure since July of the previous year.

Experts believe such deposits may indicate a strategic shift from holding assets to selling or hedging. This typically creates price pressure, as mining companies have historically been among the largest holders of Bitcoin.

CryptoQuant added that the transfers could also be due to other reasons, such as technical movements between wallets for operational or regulatory purposes.

Despite the increased supply from miners, the price of Bitcoin continued to rise. Analysts suggested that institutional investor demand or ETFs might offset the additional selling pressure.

Back in October, a 12% drop from the recent all-time high was attributed by analysts to sales by large holders.