Data: Whales holding over a thousand BTC are currently the only group that insists on buying, while retail investors holding less than 10 BTC have been selling continuously for a month According to BlockBeats news, on February 3rd, analyst James Van Straten cited Glassnode data and stated that during the sharp decline in Bitcoin prices, the only group still buying is the super large investors holding more than 10000 bitcoins (known as "whales"), while all other groups with holdings are selling. According to Glassnode's "Wallet Group Accumulation Trend Score" data, the largest whale is currently in a "mild accumulation" stage, and its position balance has remained neutral to slightly increasing since Bitcoin fell to $80000 at the end of November last year. During this period, the price of Bitcoin mainly fluctuated and consolidated in the range of $80000 to $97000, continuing until the end of January. In contrast, all smaller holding groups are net sellers, especially retail investors holding less than 10 bitcoins. This group has been continuously selling for over a month, reflecting the bearish and risk averse mentality of small and medium-sized investors towards the future market. Meanwhile, the number of independent entities holding at least 1000 bitcoins has increased from 1207 in October last year to 1303. Since Bitcoin hit a historic high in October last year, the expansion of this group indicates that larger holders are taking advantage of the pullback to buy. At present, the number of whales holding at least 1000 bitcoins has rebounded to the high of December 2024, further confirming the market pattern of "large funds absorbing selling pressure while small funds continue to leave".