Analysis: Currently, market investors are cautious and wait-and-see. The subsequent trends can be referred to as the trends of whales.
Source: BlockBeats
Time: 2025-09-16 10:10:11
According to BlockBeats, on September 16, on-chain data analyst Murphy said that since September 11, almost all on-chain holding groups have been in a "neutral state", neither quickly distributed nor large-scale accumulation. During the period from 8/29 to 9/9, the whale population holding 1,000-10,000 BTC still maintained a certain degree of increase, and now it has gradually slowed down. This neutral behavior also shows that the current market sentiment is between optimism and anxiety, and more investors are still cautious and wait-and-see. In history, similar data will appear many times when the market is at a turning point. Based on the situation in January and April this year, it is recommended to refer to the behavior of whales to judge the subsequent trend of the crypto market.