- Strong whale accumulation since March 11, 2025.
- 129,000 BTC added, signaling confidence.
- $11.2 billion increase in holdings.
On March 11, 2025, Bitcoin whales began a significant accumulation of 129,000 BTC, valued at about $11.2 billion. The activity marks the highest accumulation rate since August 2024.
The recent Bitcoin whale activity indicates considerable market confidence, reflected in the strongest accumulation rate since last year. This uptick could influence future price stability amidst current market volatility.
Analyst Ali Martinez noted on Twitter that on-chain data from @intotheblock identified two support levels for Bitcoin at $79,270 and $69,450. These insights highlight crucial market dynamics. Furthermore, Bitcoin’s trading volume observed a substantial change, with 24-hour trading reaching around $25 billion despite a 6% decline. Notably, the number of addresses holding between 1,000 and 10,000 BTC rose, reaching a peak since December 2024.
“Despite potential volatility in stock markets, Bitcoin has found its bottom.” — Arthur Hayes, Former CEO of BitMEX
Bitcoin’s market cap currently stands at approximately $1.7 trillion, maintaining a dominance of 61% in market presence. The cryptocurrency is trading around $86,012, which illustrates fluctuations with a 24-hour decrease of 1.73% according to CoinMarketCap. Historical precedents indicate this whale activity could signal significant market shifts, warranting close monitoring of whale actions and market conditions.
Analysts suggest Bitcoin’s long-term prospects remain optimistic, but they urge vigilance regarding potential regulatory changes. As market behaviors evolve, stakeholders consider technological innovations and policy shifts that may impact cryptocurrencies. Investors and traders should remain astute to developments in the crypto space.