Bitcoin Whales Are Accumulating, Setting the Stage for a Future Price Surge

The predominant cryptocurrency, Bitcoin, based on market capitalization, is experiencing substantial movement from its largest stakeholders

Bitcoin (BTC) is known for its interesting and sometimes mind-boggling wealth distribution. Zoom out on the total coins on the move, and you’ll see some interesting activity from Bitcoin’s largest stakeholders as we push deeper into 2025.

According to the latest data from Santiment, wallets with between 10 and 10,000 BTC are now holding about 67.77% of the entire cryptocurrency’s supply. This massive concentration of Bitcoin suggests that the top stakeholders are becoming increasingly confident in the cryptocurrency’s prospects.

This comes as the world’s leading cryptocurrency has seen its price stabilize somewhat following the heightened volatility that occurred during April.

One of the most striking aspects of the current Bitcoin market is the sustained accumulation by these major stakeholders. Since March 22, over 53,600 BTC have been added to their balances. This signals that these entities recognize the long-term value in Bitcoin, even as its price fluctuates in the short term.

The movements of these so-called whales are a critical indicator of the market’s health and direction. Large wallets can and do exert considerable influence on Bitcoin’s price action.

🐳🦈 Bitcoin's key stakeholders comprised of wallets holding between 10 & 10K BTC currently hold 67.77% of the entire supply of crypto's top market cap asset. During the April volatility, these wallets continue to accumulate, and have now added over 53.6K BTC since March 22nd. 👍 pic.twitter.com/eCalVW0FQf

— Santiment (@santimentfeed) April 19, 2025

This period of sustained accumulation by Bitcoin's largest stakeholders is part of a broader development that has been unfolding over the past couple of months.

As we delve deeper into the data, we can see that since early March, more than 60 new wallets have emerged, each holding over 1,000 BTC. This significant increase in the number of large-holding wallets signals not only intensified accumulation at the top but also an unprecedented level of institutional interest and activity.

These new entrants could be institutions or high-net-worth individuals who are positioning themselves in what appears to be a preferred asset.

Over 60 new wallets holding more than 1,000 #Bitcoin $BTC have appeared since early March. A strong signal of growing whale activity! pic.twitter.com/kMR3ZhXDAH

— Ali (@ali_charts) April 19, 2025

Whale activity is often seen as a vote of confidence, especially during periods of market volatility. These large holders have the capacity to absorb significant amounts of cryptocurrency in the market. They are viewed as a force that helps to stabilize the market underpinnings.

The fact that these accumulators have continued even while the Bitcoin price recently wobbled is seen by some as a bullish sign.

Moreover, the increasing number of wallets holding over 1,000 BTC suggests that the appeal of Bitcoin is expanding beyond early adopters and long-time holders. It signals that a broader segment of investors is becoming more comfortable with the idea of Bitcoin as an inflation hedge or a store of value.

The implication is that if these so-called whales are using Bitcoin as a long-term store of value, then it should lead to a Bitcoin market that’s less volatile and more stable.

Another crucial metric for assessing market sentiment is the inflow volume momentum of Bitcoin. This tracks the movement of Bitcoin from wallets into exchanges, which typically precedes selling activity when prices are decreasing.

However, if the exchange inflow momentum is decreasing despite the price drop, it can indicate the opposite of what might be assumed. It suggests that instead of investors quickly transferring their coins into exchanges to sell, they are patiently holding onto their coins in their wallets.

The Accumulation Trend Score shows buying pressure behind #Bitcoin $BTC is starting to build at current levels. Early signs of renewed interest. pic.twitter.com