---
title: "Large Bitcoin holders see decrease in balances, indicating reduced demand and possible downside risk, per CryptoQuant. (Read More)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288101110.md"
description: "CryptoQuant data shows a decrease in Bitcoin balances held by large investors (whales) and smaller holders (dolphins). This decline suggests reduced demand for Bitcoin and indicates potential downside risk, implying a shift toward bearish market sentiment and possible negative price movements."
datetime: "2026-05-29T17:12:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288101110.md)
  - [en](https://longbridge.com/en/news/288101110.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288101110.md)
---

# Large Bitcoin holders see decrease in balances, indicating reduced demand and possible downside risk, per CryptoQuant. (Read More)

According to analysis by CryptoQuant, there has been a decrease in the balances of Bitcoin whales and dolphins. This decline suggests reduced demand for Bitcoin and also indicates a potential downside risk for the cryptocurrency. The data reveals a situation where large holders of Bitcoin, known as whales, and smaller holders, known as dolphins, are holding fewer coins. This trend could imply a shift in market sentiment towards a bearish direction, with the possibility of negative price movements in the near future.

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