Bitcoin whales are making waves in the cryptocurrency market, accumulating nearly 1% of the circulating supply in just four months. What does this mean for Bitcoin’s future, and how are large holders balancing profit-taking with diversification? Let’s dive into the latest Bitcoin news.
Bitcoin Whales Accumulate 1% of Supply
According to Santiment, wallets holding between 10 and 10,000 BTC have added approximately 218,570 Bitcoin since late March 2025. This strategic accumulation highlights long-term confidence despite recent market volatility. In the last 48 hours alone, whales added 30,000 BTC, signaling strong buying pressure.
Profit-Taking and Market Sentiment
While whales are accumulating, some are also cashing out. A single whale sold $9 billion worth of Bitcoin in one day, facilitated by Galaxy Digital. Despite this, 97% of circulating Bitcoin remains in profit, with over $1.4 trillion in unrealized gains, per Glassnode.
- Bitcoin price stable at $118,556
- Daily trading volumes hit $44 billion
- 55% of prediction markets bet on a dip below $119,000 by August 1
Cryptocurrency Diversification Trends
Whales aren’t just holding Bitcoin. Ethereum and meme coins like PEPE and WIF are gaining attention. SharpLink Gaming invested $463 million in Ethereum in July, totaling $780 million for the month. This shift highlights a broader trend toward high-alpha assets and Layer-1 platforms like Solana.
Market Outlook and Whale Influence
The total crypto market cap briefly surpassed $4 trillion before settling at $3.44 trillion. Bitget COO Vugar Usi Zade expects Q3 growth, driven by whale activity and diversification. Whale behavior remains a key indicator for both short-term price movements and long-term market structure.
Conclusion
Bitcoin whales are playing a dual role: accumulating supply while diversifying into other assets. Their actions reflect both confidence in Bitcoin’s long-term value and strategic flexibility in a volatile market. As the crypto landscape evolves, whale activity will continue to shape trends and opportunities.
Frequently Asked Questions (FAQs)
How much Bitcoin have whales accumulated recently?
Whales have added nearly 1% of the circulating supply, or 218,570 BTC, over the past four months.
Are whales selling Bitcoin for profits?
Yes, some whales are taking profits, with one selling $9 billion worth of Bitcoin in a single day.
What other cryptocurrencies are whales investing in?
Whales are diversifying into Ethereum, meme coins like PEPE and WIF, and Layer-1 platforms like Solana.
What is the current Bitcoin price and market sentiment?
Bitcoin is stable around $118,556, with prediction markets split on near-term direction.
How does whale activity impact the crypto market?
Whale accumulation signals long-term confidence, while profit-taking and diversification influence short-term price dynamics.
