Bitcoin Whales Accumulate as Retail Sells Off: Bullish Signal Emerges

A striking divergence in Bitcoin wallet activity is hinting at a potential bullish resurgence, according to recent data from Santiment.

As of June 19, 2025, wallets holding 10 or more BTC (whales) have increased by 231 over the past 10 days—a modest 0.15% rise—while wallets with 0.001 to 10 BTC have dropped by 37,465, reflecting waning retail confidence. With Bitcoin’s market value hovering just above $104,300, this pattern of institutional accumulation amid retail sell-off has historically preceded significant market upturns.

The Santiment chart accompanying the post reveals a 23% surge in whale wallets and a 0.04% volume increase over 60 days, aligning with pre-bull-run indicators such as declining exchange reserves. This mirrors trends observed in the 2020 bull cycle, where whale accumulation during periods of retail doubt fueled price rallies, as noted in a 2021 National Bureau of Economic Research study on crypto market dynamics. The current market sentiment is further shaped by the Federal Reserve’s decision on June 18 to hold interest rates steady at 4.25-4.50%, amid weaker growth forecasts and persistent inflation, potentially driving large investors to Bitcoin as a hedge.

Analysts suggest this consolidation phase could signal an impending upturn. “When large wallets accumulate as retail loses confidence, it’s historically the right combination for bullish momentum,” Santiment’s post asserts. The data echoes findings from Cointelegraph, which reported similar whale accumulation trends in March 2025, correlating with Bitcoin’s resilience above $81,000. As the crypto community watches closely, the interplay of macroeconomic factors and on-chain metrics could set the stage for Bitcoin’s next major move.

For now, investors are advised to monitor wallet trends and volume shifts, with Santiment’s tools offering valuable insights into this evolving narrative.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.