According to Santiment, Bitcoin prices are closely correlated with the behavior of whales and sharks holding 10 or more BTC. Recently, these key players have offloaded approximately 6,813 coins, marking the largest decrease since last July. This sell-off could impact market dynamics, and traders should monitor any future accumulation by these stakeholders.

According to Santiment, Cardano's market cap has surged by 11% while most cryptocurrencies have experienced retracement. The behavior of large holders, specifically wallets containing at least 1 million ADA, has shown consistent accumulation since late November 2023, which is a critical factor for traders to monitor.