#BTCRebound **Big Bitcoin Players Add Over 60 New Wallets in April Despite Price Drop**

Bitcoin’s price took a hit recently, but the big investors aren’t backing off. In fact, they’re buying more. New data shows over 60 new wallets holding 1,000 BTC or more have popped up since early March.

Analytics firm Glassnode reports that the number of these major Bitcoin holders grew from 2,037 in late February to 2,107 by April 15—a four-month high. We haven’t seen this kind of buying since the spike around Trump’s election win in late 2024.

**Big Investors Buy While Small Players Pull Back**

While the big players are stacking Bitcoin, smaller investors seem hesitant. Wallets with less than 10 BTC have been dropping slowly over the past few months. At the same time, wallets holding over 100 BTC have gone up a bit, reaching 18,026 as of April 20.

This shows a split in the market: big, long-term investors are confident, but smaller retail investors are cooling off.

**Whales Are Grabbing Bitcoin Fast**

On April 18, Cointelegraph shared that whales are buying Bitcoin at a rate over 300% of the annual issuance, which tightens the supply even more as exchange reserves shrink.

Glassnode also notes that wallets with over 10,000 BTC are in heavy buying mode. These are often tied to institutions, funds, or early Bitcoin adopters who think long-term.

“Whales are scooping up huge amounts of Bitcoin—they know what’s coming,” Bitcoin trader Mister Crypto said on April 20.$BTC