Recent blockchain activity indicates that Bitcoin whales are actively moving substantial amounts of $BTC , suggesting potential accumulation strategies.

🚨 Major Bitcoin Movements from Exchanges

In the past 24 hours, significant Bitcoin transfers have been observed: 

• Coinbase Withdrawal: An anonymous whale transferred 2,107 BTC (approximately $197.7 million) to a wallet associated with Coinbase Institutional.



• Binance Withdrawals: Two newly created addresses withdrew a total of 2,273 BTC (around $59 million) from Binance. One address received 1,272.83 BTC ($33.1 million), and the other received 1,000 BTC ($26 million). 

These movements to new or institutional wallets may indicate long-term holding intentions, a common behavior among whales during accumulation phases. 

🕰️ Dormant Whales Reactivate

Adding to the intrigue, two long-dormant Bitcoin wallets have become active: 

• Wallet 1NWPS: After 10.5 years of inactivity, this wallet moved 2,343 BTC (~$222.2 million). 

• Wallet 1PiEK: Inactive for over 11 years, it transferred 1,079 BTC (~$102.5 million). 

Such reactivations are rare and often signal strategic moves by early adopters, possibly in response to current market conditions.

Accumulation Trends

Data from Glassnode reveals that large Bitcoin holders (whales) are maintaining peak accumulation levels, with an accumulation trend score near 0.95. This suggests strong confidence among major investors, even as smaller holders show varying behaviors. 

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📈 Bitcoin Price Snapshot

As of now, Bitcoin (BTC) is trading at approximately $96,362, reflecting a 2.1% increase from the previous close. The day’s trading range has seen a low of $93,587 and a high of $97,513.