Whale Supply Hits 6-Year Low as Bitcoin Price Tests $110K Range
Bitcoin is flashing a rare on-chain signal: whale supply has dropped to a 6-year low. According to Glassnode, the average Bitcoin whale — defined as an entity holding 100–10,000 BTC — now holds just 488 BTC, down steadily since November 2024 and at its lowest level since December 2018.

Whale Supply Drops to 488 BTC — What It Means
This is a structural shift, not just a number.
Metric | Update |
---|---|
Avg Whale Holdings | 488 BTC (100–10,000 BTC cohort) |
Last Seen At This Level | December 2018 |
Trend | Steady decline since Nov 2024 |
Possible Causes | Profit-taking, redistribution, or broader adoption |
Glassnode’s data shows:
- 📉 A clear downshift in average whale balance
- 🔁 But total whale supply may be stable — just spread across more wallets
“A lower average doesn’t mean selling — it could mean spreading.”
Context Matters: Distribution vs. Decentralization
Two narratives are in play.
🔹 Bearish View: Whales Are Distrusting
- 🚨 Large holders are taking profits after the 2024–2025 rally
- 📤 Rising exchange inflows could signal impending sell pressure
- 📉 If BTC breaks below $108K, a deeper correction may follow
🔹 Bullish View: Supply Is Maturing
- 🌐 More entities are crossing the 100 BTC threshold — a sign of healthier distribution
- 🔐 Coins are moving into long-term custody, not exchanges
- 🧱 This mirrors early Bitcoin accumulation phases (2016–2017, 2019–2020)
The truth? Both could be true — depending on where the coins go.
What to Watch Next
Traders should monitor three key signals:
Indicator | Bullish Signal | Bearish Signal |
---|---|---|
Exchange Net Flow | Outflows → HODLing | Inflows → Selling pressure |
Wallet Count (100–10k BTC) | Rising → Decentralization | Falling → Concentration |
Derivatives Positioning | Low leverage → Stability | High leverage → Risk of crash |
As September — historically volatile — unfolds, macro headlines and Fed commentary could amplify on-chain moves.
Could Ozak AI Be the Next Big Move?
While BTC whales rebalance, early adopters are deploying into high-growth AI presales.
From the official site:
“Ozak is Predictive AI powered decentralized network for advanced data analytics & interpretation.”
✅ Why It Stands Out
- 🔐 CertiK-Audited & Secured — full transparency and safety
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- 💰 Presale Live (Phase 4) — $OZ at $0.012
- 🎯 10 Billion Supply (Hard Cap) — deflationary model
- 🤝 10% Referral Bonus — community-driven growth
With $2.5M+ raised, Ozak AI is building the intelligence layer for the next phase of DeFi and institutional finance.
Final Outlook: The Network Is Evolving
The drop to 488 BTC per whale isn’t a red flag — it’s a sign of maturity.
- ✅ If coins are spreading, it strengthens the network
- ✅ If whales are rebalancing, it’s healthy profit-taking
- ✅ If Ozak AI and AI-driven DeFi keep growing, the next leg up may be intelligent, not just speculative
Because in 2025,
The most powerful networks won’t be measured by whale size…
They’ll be measured by intelligence, utility, and resilience.
And right now,
that future is being built — on Bitcoin, and beyond.