Bitcoin whales added 81,338 BTC, signaling strong accumulation over six weeks.
Retail traders sold 290 BTC, showing fear or boredom during price consolidation.
Analysts see bullish signals as whale buying often precedes major price breakouts.
The price of Bitcoin has been stuck under $100,000 for weeks, but behind the scenes, something’s brewing. While retail traders shed coins and walk away, larger holders have quietly loaded up. Santiment’s latest data shows that whales have added over 81,000 BTC since March 26. Meanwhile, smaller wallets dumped nearly 300 BTC. This divergence between big and small players often hints at something bigger—like a rocket quietly fueling before liftoff.
https://twitter.com/cointelegraph/status/1920018391458328821 Whales Stack Sats While Retail Runs Scared
Wallets holding between 10 and 10,000 BTC scooped up 81,338 BTC in just six weeks. That’s not pocket change—it’s a show of serious confidence. This 0.61% increase in holdings reflects strong hands bracing for the next leg up. In contrast, wallets under 0.1 BTC sold off about 290 BTC. It’s a modest outflow, but symbolic. Panic and boredom seem to be pushing smaller players to exit early, while the big fish swim deeper.
Santiment believes this divergence usually precedes a breakout. The platform noted that when whales accumulate as smaller traders sell, prices often explode soon after. Bitcoin has hovered between $76,000 and $97,000 during this period. Despite several dips, large players remain unfazed. Their steady buying may foreshadow a retest of that long-awaited $100,000 mark.
ETFs Fuel the Fire While Dominance Grows
Spot Bitcoin ETFs tell a similar story. Since March 26, U.S.-based funds added $4.41 billion in inflows. These institutional moves show that appetite for Bitcoin remains strong at higher levels. Bitcoin dominance also tells a bullish tale. The metric hit 65% on May 6, the highest in over three years. That means most of the crypto spotlight still shines on Bitcoin, not altcoins.
CoinMarketCap’s altcoin season index agrees—declaring this moment “Bitcoin Season.” Analysts from Bitfinex recently noted that Bitcoin must hold above $95,000 to push higher. So far, that support has held firm, with Bitcoin trading at $96,360 at the time of writing. As the saying goes, follow the money—and right now, the money flows toward Bitcoin.
While retail hesitates, whales and institutions appear to prepare for a big move. If history rhymes, Bitcoin could soon roar past $100,000 and leave the cautious crowd behind. In this chess game of crypto, retail might be playing checkers. The board looks bullish, and the big players just made their move.
