Large Bitcoin Holders Accumulate as Whale Wallets Surge, CryptoQuant Finds
On-chain analytics platform CryptoQuant has reported a notable increase in the number of Bitcoin addresses holding between 1,000 and 10,000 BTC, excluding exchanges and miner wallets. The rise in these large holders—often referred to as “whales”—is typically interpreted as a bullish signal for Bitcoin’s price trajectory.
According to the report, this growing accumulation pattern reflects increased investor confidence in Bitcoin, particularly among institutional and high-net-worth entities. Historically, similar trends have preceded significant price rallies, as strategic accumulation by large holders often reduces circulating supply.
