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Cryptocurrency News Articles

Bitcoin Whales Are Accumulating BTC Despite the Market Correction

Apr 10, 2025 at 01:00 am

Bitcoin is currently undergoing one of the most aggressive corrections ever seen during a bull market — not just in terms of price but also in investor sentiment.

Bitcoin Whales Are Accumulating BTC Despite the Market Correction

Bitcoin is currently in the midst of one of its most aggressive corrections of the bull market, not just in terms of price but also in investor sentiment. While BTC remains technically in a long-term uptrend, the emotional toll on the market tells a different story. Panic, confusion, and fear are now the dominant emotions in the crypto sphere.

Macroeconomic tensions continue to pour over onto global markets. Escalating trade disputes, rising inflationary pressures, and growing concerns about a full-blown global recession are sending shockwaves across both traditional and digital asset classes. For Bitcoin, often considered a hedge against fiat instability, these headwinds have yet to translate into strength.

However, beneath the surface of this market turmoil, something else is happening. According to data from CryptoQuant, major players are actively accumulating Bitcoin despite the ongoing selloff.

Bitcoin Holds Near $76K As Whales Buy Amid Market Turmoil

Bitcoin is trading around the $76,000 level today as it attempts to digest several days of intense selling pressure and market volatility. Since hitting its all-time high earlier this year, BTC has dropped over 30%, with no immediate signs of a strong recovery.

Analysts continue to warn of further downside in the intermediate term as macroeconomic tensions escalate. U.S. President Donald Trump’s aggressive policy decisions — particularly new tariffs — are also adding to the turbulence in financial markets.

The broader macroeconomic environment remains fragile. Fears of a global recession, ongoing inflation concerns, and tightening liquidity conditions are dragging on risk appetite and overall sentiment. Bitcoin, often viewed as a risk asset, has not been immune to these pressures, with panic selling and defensive positioning continuing in the market.

But despite the grim outlook, there are signs of strategic accumulation taking place behind the scenes. Crypto analyst Axel Adler shared new data from CryptoQuant showing a rise in the Bitcoin Whale Position Change indicator.

This metric tracks net accumulation or distribution by large holders, and recent readings suggest that whales are slowly increasing their positions despite the steep price declines. This behavior signals growing confidence from major players, even as retail sentiment deteriorates.

While a swift rebound might not be on the immediate horizon, the persistent accumulation trend by deep-pocketed investors could lay the groundwork for Bitcoin’s next major move once macro conditions begin to stabilize and market volatility subsides.

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