The giant whale strikes again! $4 billion spent on buying, is Bitcoin about to enter the next bull market?
In the past two weeks, whale addresses have aggressively purchased over 43,100 BTC, spending approximately $4 billion, marking the most intense one-sided accumulation in recent months.
The main buyers are clear: Strategy (formerly MicroStrategy) has made two significant purchases, acquiring a total of 21,911 BTC; BlackRock closely follows, buying 11,580 BTC. Together, these two giants account for over 75% of this round of net whale purchases — this is not retail frenzy; it is capital betting on the trend.
A key moment was on April 21: whale balances began to soar, while market prices remained almost unchanged, indicating that these holdings were being quietly scooped up, rather than chasing the market. Such large accumulations in a low-volatility environment often signify one thing: the bull market is not over, and the main players have not exited.
What's even more noteworthy is that the total holdings of whales increased from 3.498 million to 3.541 million, growing by nearly 1.2% in just 14 days. This is strategic accumulation, rather than speculative trading.
