Odaily Planet Daily News According to the latest data from blockchain analysis platform Santiment, the trading volume of Bitcoin whales has decreased significantly since Bitcoin hit an all-time high in March. “Whale trading activity in cryptocurrencies has dropped significantly since mid-August,” Santiment noted in a Sept. 11 Bitcoin trading volume has dropped by 33.6%. Santiment stresses that this is not a bearish signal, as whale holders remain active during both bull and bear market cycles. With market sentiment still in a "fear" state, investors are waiting for the next buying or selling opportunity.