Bitcoin whale activity has reached multi-month lows, with the Whale Transaction Count dropping to 6,417, the lowest since September 2023, according to analytics firm Santiment. This metric, which tracks transfers over $100,000, indicates reduced activity from large investors as the market consolidates. Transactions exceeding $1 million have also declined to 1,485, the lowest since October 2024. The decline in whale transactions suggests that major investors are cautious amid ongoing policy and global uncertainties, including the awaited CLARITY Act. Despite this, Bitcoin's price has rebounded to $70,800 after briefly falling below $68,000.