Bitcoin whale holdings decrease by 34,000 in a week

Bitcoin wallets tied to large holders shed more than 34,000 BTC over the past week, a decline worth roughly $2.6 billion at the time, according to figures from analyst Ali Martinez reported by ZyCrypto. The drawdown coincided with bitcoin falling from about $79,000 to below $73,000, and CoinGecko data showed the price at $67,209 on the 14th before slipping to $66,016 by early morning on the 15th. Wallet balance changes do not necessarily equal actual exchange-traded selling volume, so the shift reflects movement among major holders rather than confirmed market sales. The episode matters because it shows large holders reducing exposure during a sharp price pullback, and traders will watch whether whale balances stabilize or keep falling as the price tests the mid-$60,000 range.