Whales Scoop Up 200,000+ BTC as Price Rockets Past $100K
On-chain data from CryptoQuant shows large Bitcoin holders have added over 200,000 BTC since early 2024—bringing their total to 3.45M BTC. This surge in whale accumulation kicked off around October 2024, mirroring Bitcoin’s climb above $100,000.
Key on-chain signals:
98% of BTC holders are now profitable
Low exchange inflows, pointing to increased cold storage
Stable funding rates, keeping leverage in check
Whale buying is reinforcing bullish momentum—could this be the catalyst for Bitcoin’s next leg up?
