Bitcoin whales are making waves in the cryptocurrency market, accumulating nearly 1% of the circulating supply in just four months. As profit-taking and diversification strategies unfold, what does this mean for Bitcoin’s price and the broader crypto ecosystem? Let’s dive into the latest Bitcoin news.
Bitcoin Whales Accumulate 1% of Supply
According to Santiment, Bitcoin whales—wallets holding between 10 and 10,000 BTC—have added approximately 218,570 BTC since late March 2025. This strategic accumulation highlights long-term confidence despite recent market volatility. Key takeaways:
- 30,000 BTC added in the last 48 hours alone.
- 97% of circulating Bitcoin remains in profit, with $1.4 trillion in unrealized gains.
- A single whale sold $9 billion worth of Bitcoin in one day.
Profit-Taking and Market Sentiment
While whales accumulate, some are cashing in. Prediction markets show divided sentiment:
| Sentiment | Percentage | Price Target |
|---|---|---|
| Bearish | 55% | Below $119,000 by August 1 |
| Bullish | 45% | Breakout expected |
Diversification Beyond Bitcoin
Whales are expanding their portfolios, showing increased interest in Ethereum and meme coins like PEPE and WIF. SharpLink Gaming invested $463 million in Ethereum in July alone, signaling a shift toward high-alpha assets.
Cryptocurrency Market Outlook
The total market cap briefly exceeded $4 trillion before settling at $3.44 trillion. Bitget COO Vugar Usi Zade anticipates renewed growth in Q3, driven by whale activity and diversification.
Conclusion
Bitcoin whales are playing a pivotal role in shaping market dynamics. Their accumulation signals confidence, while profit-taking and diversification reflect strategic adaptability. As the cryptocurrency market evolves, whale behavior will remain a key indicator of sentiment and trends.
FAQs
Q: How much Bitcoin have whales accumulated recently?
A: Whales have added nearly 1% of the circulating supply, or 218,570 BTC, since March 2025.
Q: Are whales selling Bitcoin?
A: Some whales are taking profits, with one selling $9 billion worth of Bitcoin in a single day.
Q: What other assets are whales investing in?
A: Whales are diversifying into Ethereum, PEPE, and WIF, among others.
Q: What is the current Bitcoin price?
A: Bitcoin is trading around $118,556, with daily volumes reaching $44 billion.
