As of April 2025, significant movements of whale funds in the Bitcoin (BTC) market indicate that large investors are actively adjusting their holdings strategy, which may signal a change in market trends.

🐋 Surge in Whale Wallets

According to Glassnode data, as of April 15, the number of wallets holding more than 1,000 BTC has increased to 2,107, reaching the highest level in four months. Since the end of February, more than 60 new whale wallets have been added, showing the continued accumulation behavior of large investors during the market adjustment period.

📈 Whale Buying Activity Drives Price Up

On major exchanges like Binance and Coinbase, whale buying activity has significantly increased, pushing the price of Bitcoin above $90,000. CryptoQuant data shows that the BTC/USD trading pair price on Coinbase is higher than the BTC/USDT on Binance, reflecting a resurgence of interest from U.S. buyers.

Additionally, Binance's order book data shows increased buying activity across all whale categories, with the previous selling pressure barrier at $90,000 having been broken, opening up space for further price increases.

🔁 Behavioral Changes of Long-Term Holders

In the first quarter of 2025, holders of Bitcoin for more than seven years transferred approximately 62,800 BTC, a 121% increase compared to 28,000 BTC during the same period in 2024. This change may reflect adjustments by long-term holders in response to the macroeconomic environment or market expectations.

🧠 Market Sentiment and Potential Trends

Although short-term holders have sold off during the market adjustment, the continued accumulation behavior of long-term holders and whales indicates their confidence in the long-term value of Bitcoin. This behavioral difference may provide support for the market, suggesting that prices could rise further.

✅ Conclusion

Recent fund movements of Bitcoin whales show that large investors are actively positioning themselves during the market adjustment, which may indicate a shift in market trends. Investors should closely monitor these developments to better seize market opportunities.