Whales start hoarding Bitcoins

Bitcoin’s biggest holders—so-called whales with more than 10,000 BTC—are quietly making moves, and their behavior is sending a clear signal: confidence.
New data show that whale accumulation is picking up pace, a development many analysts interpret as a bullish indicator for Bitcoin’s near-term future, according to Glassnode.
Whale Accumulation Trends Reach New Highs
The Bitcoin Accumulation Trend Score has surged above 0.5, signaling a strong shift from selling to buying among large holders. Most notably, the score hit 0.23—its highest level since January 4, 2025—indicating that whales are not just holding, but actively increasing their positions. Since March 11, whales have added 129,000 BTC, the sharpest accumulation uptick since August 2024.
That’s a dramatic turn amid a broader market where retail investors—those holding between 1 and 10,000 BTC—remain net sellers. The divergence suggests that while smaller players are cautious, the largest holders are doubling down on Bitcoin’s long-term upside.
Why This Matters for Price Action
Historically, whale behavior has often foreshadowed major market moves. Their accumulation tends to occur ahead of significant price increases, reflecting insider confidence or strategic foresight. Analysts tracking these metrics believe the trend signals growing belief in Bitcoin’s bullish potential, especially as it coincides with positive macro trends like institutional adoption and regulatory clarity.
Further supporting this narrative is the steady increase in the average Bitcoin supply per whale—a sign that large holders are consistently adding to their portfolios. While that figure still trails its December 2024 highs, it shows whales are quietly consolidating power—and potentially positioning themselves ahead of a new price breakout.
A Narrowing Window of Opportunity?
As whales absorb more circulating BTC, available supply becomes tighter. If current accumulation continues, it could trigger renewed FOMO (fear of missing out) among both institutions and retail investors. This shrinking supply narrative has historically aligned with upward price momentum.
Still, the broader market remains split. Retail investors appear to be locking in profits or hedging risk—moves that could counteract short-term rallies. Yet for now, the weight of whale confidence is tipping sentiment in a distinctly bullish direction.
Conclusion
The numbers don’t lie: Bitcoin whales are accumulating again, and at a pace not seen in months. With over 129,000 BTC added in just 30 days, the actions of these key players are giving analysts and investors plenty to watch. If history is any guide, the market could be gearing up for its next leg higher—led, as always, by the quiet giants beneath the surface.
Recently we wrote, that a whale wallet on Hyperliquid executed a high-leverage trade by opening a 40x leveraged short position on Bitcoin worth over $423 million, with a tight liquidation price set at $86,198.