Whales began actively buying Bitcoin after its drawdown

In December, Bitcoin soared to $108,268, but three days later it fell below $93,000. According to CryptoQuant, whales purchased more than 34,000 BTC during this time, worth $3.2 billion. Such behavior by large players often indicates the approach of a local minimum.

In January, whale activity decreased, but experts predict an increase in institutional investment in Bitcoin in 2025. Large players began to actively enter BTC in June 2023, when BlackRock announced its intention to launch a crypto ETF fund.

Swap rates rose in November, but after Bitcoin fell below $108,000, they began to decline. In January, they were back in the positive zone.

Traders are expecting growth before Donald Trump's inauguration on January 20. This moment could become a catalyst for new movements in the cryptocurrency market.