Bitcoin Whales Keep Accumulating as Holdings Hit Four-Month Peak
Recent data shows wallets holding at least 1,000 BTC have been steadily increasing their positions, bringing total holdings to 7.17 million BTC — the highest level in four months. This trend highlights the continued confidence among major holders in Bitcoin's long-term value proposition.
Large Transfers Surge to Two-Month High
In addition to growing wallet balances, transactions exceeding $1 million have rebounded to levels not seen in two months. This increase in large-value on-chain activity indicates strengthening liquidity demand among institutional and high-net-worth investors.
Market Sentiment Gains Momentum
- Accelerated accumulation by whale wallets suggests strong market support
- Increased transfer volume reflects improving blockchain ecosystem health
- Market participants anticipate potential for new bull cycle as momentum builds