Bitcoin Whales Accumulate Over 53,000 BTC as Market Signals Strengthening Demand

Despite recent volatility in the broader cryptocurrency market, Bitcoin whales—entities holding between 10 and 10,000 BTC—have significantly increased their holdings, accumulating over 53,600 BTC since March 22, 2025. This surge in acquisition reflects growing confidence among large-scale investors, even as retail sentiment remains cautious amid price fluctuations.

The latest on-chain data shows that wallets within this range now control approximately 67.77% of the total circulating Bitcoin supply. What’s particularly notable is the rise of more than 60 new wallets each holding over 1,000 BTC—an indicator that new high-net-worth players, likely including institutions and investment funds, are entering the space. This growth in whale activity points to a potential strategic repositioning, possibly in anticipation of long-term gains.

Supporting this trend is the marked decline in Bitcoin inflows to centralized exchanges, a metric often used to gauge selling pressure. When Bitcoin is transferred from private wallets to exchanges, it’s typically seen as a precursor to selling. The current withdrawal behavior indicates these large holders are securing their BTC off exchanges, signaling strong hands and a desire to hold rather than exit positions.

Further bolstering bullish sentiment is the rising “uptrend score,” a metric that combines price momentum and buying volume to assess the strength of accumulation. With this score trending upward, analysts interpret it as a sign that the market is gaining traction for a sustained rebound. Should these accumulation patterns persist, they could serve as a catalyst for a new bullish phase in the Bitcoin cycle—particularly as macroeconomic factors continue to influence investor behavior in traditional and digital markets alike.