PANews reported on February 27th that Bitfinex released a report indicating that Bitcoin has been declining continuously since reaching an all-time high of $126,000 in October 2025, briefly touching $60,000 on February 5th, 2026, a drop of over 50%. This is the most severe sell-off since the FTX crash in 2022. However, while the market is experiencing violent fluctuations, there is an undercurrent of capital. Data shows that "super whales" holding 10,000 BTC or more have been steadily increasing their holdings as Bitcoin fell from $90,400 to $74,500 and below. In addition, whale addresses holding more than 1,000 Bitcoins have added approximately 152,000 BTC in the past 30 days, bringing their total holdings to 3.2 million BTC, the highest level since 2024.