CryptoQuant Report: Bitcoin Flow to Whale Wallets Since 2022 Hits Record High!
The cryptocurrency market witnessed a notable movement on April 9, as whale wallets received 48,575 Bitcoin, worth nearly $3.6 billion, in the largest daily flow since February 2022, according to the "CryptoQuant" platform.
This accumulation coincided with a market downturn following Trump's renewal of tariff policies against China, reflecting a strategic behavior from major investors during periods of turmoil.
What is striking is that the dollar value of this flow nearly matches a similar flow in 2022, when the price of Bitcoin was at $38,400, compared to the current price of around $80,000.
This indicates a recurring pattern of large-scale accumulation during times of economic stress.
For its part, the "Santiment" platform noted a surprising increase in the number of wallets containing 10 Bitcoin or more, by 132 wallets within 24 hours after the announcement of a 90-day fee suspension.
This is an additional indicator of rising confidence among "whales" and "sharks" in the market.
The accelerated institutional accumulation has prompted prominent figures to launch optimistic predictions, most notably Charles Hoskinson, founder of Cardano, who predicted Bitcoin reaching $250,000 by the end of 2025, based on increasing global adoption, regulatory reforms, and the anticipated decline in interest rates.
