Small Investors Drove the Bitcoin Price Dip on Binance

Recent Bitcoin price dip on Binance was driven by smaller investors, not large whales.

Aurelien Sage October 10, 2025 - 2:45 AM

Small investors cause Bitcoin price dip on Binance

Bitcoin News

Bitcoin selling pressure came from smaller wallets
Crabs and Fish led the sell-off in volume
Whales stayed mostly inactive during the dip

Despite popular belief that whales trigger major Bitcoin sell-offs, recent data from Binance reveals a different picture. During the latest Bitcoin price dip, it wasn’t the large investors who caused the drop—it was actually smaller wallet holders who played a major role.

Small Wallets Led the Selling Pressure

The breakdown of selling activity shows that the majority of BTC sold came from “Shrimps,” “Crabs,” “Fish,” and “Sharks”—terms used to classify wallets based on their Bitcoin holdings:

Shrimps (holding less than 1 BTC): Sold 603 BTC
Crabs (1–10 BTC): Sold 2,260 BTC
Fish (10–100 BTC): Sold 3,860 BTC
Sharks (100–1,000 BTC): Sold 768 BTC

These smaller entities collectively contributed to the bulk of the selling volume during the dip. The largest contributions came from Fish and Crabs, who seem to have taken profits or exited in fear of further declines.

Bitcoin Price Dip: Who Were the Main Sellers on Binance?

“Large investors did not dominate the sell-off… Pressure came from smaller wallet cohorts:

Shrimps: 603 BTC

Crabs: 2,260 BTC

Fish: 3,860 BTC

Sharks: 768 BTC” – By @Crazzyblockk

Link ⤵️https://t.co/wkNeHI33HK pic.twitter.com/pgvjwQlyBl
— CryptoQuant.com (@cryptoquant_com) October 9, 2025

Whales Sat on the Sidelines

Interestingly, whales—wallets holding over 1,000 BTC—were noticeably absent from the selling spree. This suggests that larger players might still have long-term confidence in Bitcoin’s price trajectory or are simply choosing to wait out the market volatility.

This shift in behavior could reflect broader market sentiment where retail and mid-level investors are more reactive to price swings, while whales are playing a longer game.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.