Major Bitcoin whales are at it again, scooping up a staggering 43,100 BTC worth nearly $4 billion in just two weeks. This massive accumulation comes right after these same whales dumped over 6,800 BTC in February. Talk about a mood swing.
Bitcoin whales flip the script, gobbling up $4 billion worth of BTC after dumping thousands just months earlier.
The timing is interesting – right as global tensions with the US started cooling down. Amid these market moves, Bitcoin’s trajectory has pushed it to reach recent highs near $94,900. Analyst Ali Martinez confirmed the buying spree, which completely flips the script from their selling behavior earlier in 2025. Bitcoin’s price seems to be loving it, climbing 3.2% in 24 hours to $58,200. Most whales prefer using centralized exchanges for these large transactions due to their higher liquidity and faster execution speeds.
Meanwhile, Binance’s BTC/USDT pair is going nuts, with trading volume hitting $2.1 billion. A 22% spike pushed transactions to $1.8 billion during peak activity. Technical analysts are eyeing $60,000 as the next major support level. Because apparently, whales love round numbers too.
The on-chain data tells quite a story. Wallets holding over 1,000 BTC jumped 12% between April 28-30, with 1,450 massive transactions moving around 320,000 BTC. IntoTheBlock’s analysis shows whale addresses added more than 50,000 BTC in April alone. The total whale holdings surged from 3.4982 million BTC to 3.5413 million BTC. Someone’s been busy.
Corporate players aren’t sitting this one out either. Strategy, Metaplanet, and Semler Scientific are all stuffing their treasuries with Bitcoin. Spot ETFs have raked in $3.9 billion since mid-April. The suits are clearly feeling bullish.
Market watchers are treating this whale activity like tea leaves, seeing it as a sign of market revival. It’s not your typical FOMO buying – these moves look calculated, strategic. The whales are positioning themselves for something. Maybe they know something we don’t.
The pattern’s clear as day: when global tensions rise, whales sell. When things calm down, they buy. Right now, they’re buying like there’s no tomorrow. Whether this signals a coming storm or calm seas ahead is anyone’s guess. But one thing’s certain – $4 billion worth of Bitcoin doesn’t move without making waves.
