According to the latest data from Santiment, a blockchain analysis platform, the volume of BTCWhale has significantly decreased since BTC reached its all-time high in March. Santiment pointed out in a post on September 11 that "Cryptocurrency Whale trading activity has decreased significantly since mid-August." Since BTC reached a high of $73,679 on March 13, the weekly BTC volume worth $100,000 or more has decreased by 33.6%. Santiment emphasizes that this is not a bearish signal, as Whales will remain active in the market during bull and bear cycles. With market sentiment still in a state of 'fear', investors are waiting for the next buying or selling opportunity.