Near $65K, Bitcoins 2 year social media drop off is hiding a $4.3 billion whale exit and a new class of buyers
Crypto discussion across X, Reddit, Telegram, and other major social channels has fallen to its second-lowest daily level since October 2024, according to Santiment. Bitcoin holds near $64,609 through that same stretch, with an intraday high of $64,832 and a low of $61,823 in recent sessions. That combination usually reads as a setup in which retail traders stop chasing every price move, making positioning less crowded and allowing larger investors to accumulate before public attention returns, at least in theory. A dual-axis chart shows Bitcoin near $64,609 as a crypto social discussion index falls to its second-lowest level since October 2024.A whale cohort divided CryptoQuant found that wallets holding 100 to 1,000 BTC distributed roughly 67,000 BTC on July 13, the cohorts strongest selling activity since February. At current prices, that comes to about $4.3 billion moving out of those wallets in a single day, equal to roughly 0.33% of Bitcoins circulating supply of nearly 20 million BTC. A separate CryptoQuant analysis points out that newer whale wallets have continued accumulating, with supply rotating away from older whale cohorts toward these newer ones. That split describes a redistribution of Bitcoins supply between large-holder cohorts, two groups making different bets on the same asset at the same moment.Cohort