Bitcoin whale transfers above $100K rise ahead of March 1 Clarity Act deadline
Bitcoin whale transfers exceeding $100,000 increased this week across Bitcoin, Ethereum, Tether on Ethereum and XRP Ledger networks, with a March 1 White House deadline tied to Clarity Act discussions adding uncertainty, Santiment reports. The analytics firm said high spikes in large transactions relative to surrounding activity typically signal elevated probabilities of market reversals, and it expects a significant jump in whale activity at the beginning of March regardless of outcomes. Santiment also said Bitcoin is approaching 20,000 wallets holding at least 100 BTC, with each 100 BTC wallet valued at a minimum of $6.78 million, noting that total supply held by key stakeholders has not surged significantly and prices remain suppressed despite wallet growth as retail traders often sell during fear or early profit-taking while larger wallets gradually absorb supply.