$BTC Activity
BTC
by whales recently triggered a wave of Crypto Whale Movement with unprecedented numbers:
In the last 24 hours,
8,603 BTC
valued at ~
$930 million
were transferred from unknown wallets to new wallets and others for OTC positions, with most remaining away from
Exchanges
, indicating a reallocation and long-term storage.
Two wallets were activated after 14 years of dormancy, each containing
10,000 BTC
worth over
$1.09 billion
each, totaling
$2 billion
, and observers noted that they did not sell them, but simply transferred them.
Between January and March 2025,
62,800 BTC
were transferred after more than 7 years of dormancy — a 121% increase compared to the same period in 2024, reflecting fierce activity from old whales.
🔍 Indicators:
1. The movements were not accompanied by a sharp decline, indicating the market's ability to absorb the quantities:
The price fluctuated between
$107K–$109K
before settling around
$108K.
2. Some analysts like
Lark Davis
saw that we are facing a
Symmetrical Triangle Breakout
pattern with a potential rise towards
$120K
if the whale accumulation and institutional condition continue.
---
📌 Summary:
Whales are transferring large amounts but quietly away from the exchanges, preventing immediate panic.
The market shows high resilience and the ability to absorb liquidity injection without collapse.
Whale intensification may pave the way for strong support near
$108K
and prepare for a bullish wave that could drive
BTC
towards
2015
$120K+
---
Whale-driven
Momentum.