On-chain data shows the Bitcoin Whale Transaction Count has witnessed a drawdown recently, a sign that big-money investors have reduced their activity. Bitcoin Whale Transaction Count Has Dropped To Lows In a new post on X, analytics firm Santiment has talked about the latest trend in the Bitcoin Whale Transaction Count. This indicator measures the daily total number of transfers occurring on the BTC network that involve a sum of more than $100,000. Related Reading: Dogecoin Supply Barrier: This Level Holds Cost Basis Of 28 Billion DOGE Transactions with such a large value are usually considered to be coming from the whale entities, so this metric’s value basically reflects the activity that the large hands are participating in