ChainCatcher message display, on-chain analyst @ali_charts has found that Bitcoin whales have started adjusting their strategies before the U.S. elections, with a decrease in holdings. Specifically, the number of addresses holding over 1,000 Bitcoins has decreased by 2%. This change may reflect the cautious attitude of market participants towards the potential impact of political events.

From on-chain data, the movements of whales are often seen as a barometer of market trends. This reduction in holdings may indicate increasing concerns about future uncertainties in the market. However, it may also provide other investors with an opportunity to reassess market opportunities.

Overall, while the movements of whales are worth noting, market trends still need to be analyzed comprehensively in conjunction with other factors.