48,575 BTC moved in a single day: a rare, massive maneuver loaded with significance.

On April 9, while trade tensions between Washington and Beijing reignite uncertainty, nearly $3.6 billion in bitcoin was transferred to accumulation wallets

A staggering 48,575 BTC, valued at approximately $3.6 billion, were transferred to addresses identified as accumulation wallets on April 9. This marks the highest daily volume of bitcoin movement in over a year, with the last comparable transfer occurring in February 2022. The record transfer comes amid heightened macroeconomic uncertainty, as trade tensions between Washington and Beijing are simmering once again.

These wallets, known for minimal selling activity over the past seven years, are primarily used to accumulate bitcoin for the long term, according to CryptoQuant. The platform further notes that these wallets, which belong to major investors or institutional entities, generally do not engage in speculative behavior.

The timing of this record transfer is significant, as these addresses typically show a strong tendency to buy during market downturns. This suggests an opportunistic reading of the bearish context, which saw the market decrease by 5% on Monday due to trade concerns.

This operation confirms a recurring correlation: when traditional markets become turbulent, some players strengthen their positions in cryptocurrencies, which are increasingly seen as safe havens.

This move is particularly noteworthy as it occurred at a time when the number of wallets holding 10 BTC or more also saw a substantial increase of 132 units. This signals that heavy investors are pulling out of the market to readjust their positions.

This growth in the number of "whales" is taking place at a time when uncertainty reigns over traditional financial markets, and several indicators point towards a long-term bullish recovery.

The projections put forward by several influential figures in the sector align with this view. Charles Hoskinson, the founder of Cardano, predicts that bitcoin could reach $250,000 by the end of the year.

This forecast, which is echoed in numerous market analyses, relies on several converging dynamics: increased institutional adoption, better-structured regulations, and a growing interest from emerging countries in cryptocurrencies as alternatives to weakened local currencies.

"Adoption cycles are not linear, but the infrastructure is ready," stated the executive, highlighting the potential for an exponential increase in the use of cryptocurrencies in the coming months.

While these massive movements can be interpreted as signs of conviction, they also highlight the increasing concentration of bitcoin in the hands of a few major entities. This phenomenon raises questions about the market's long-term resilience, especially in periods of heightened volatility.

The future trajectory of bitcoin will therefore depend as much on macroeconomic signals as on how these large holders decide to manage their reserves. It remains to be seen whether this recent accumulation will be the prelude to a new sustainable bullish phase or merely a defensive reaction to the prevailing nervousness.