- Whale activity on exchanges remains subdued despite Bitcoin’s recent price rebound.
- Large Bitcoin wallets have increased holdings by $5 billion since mid-December.
- Bitcoin whales show confidence, halting net selling after over 155 days of holding.
Bitcoin has experienced a rebound in its price, recently reaching $91,136, but the activity from large holders, or whales, has not seen a significant increase. On-chain data from CryptoQuant indicates that whale activity on exchanges remains relatively low, which has been interpreted as a positive signal for the stability of Bitcoin’s market.
Typically, whale actions can greatly influence the price of Bitcoin. When large holders sell in bulk, it often leads to a price drop.
However, the current trend shows that whales are not contributing to any significant selling pressure, indicating confidence in the market’s long-term strength. This stability, paired with the recent price rebound, suggests that Bitcoin may continue to see steady growth without sudden shocks.
Bitcoin Whales Shift to Accumulation as Selling Slows
Bitcoin whales have shifted from selling to accumulating Bitcoin. Since December 17, wallets holding between 10,000 and 12,000 BTC have added a total of 56,227 BTC.
Additionally, large wallets containing more than 1,000 BTC have increased their holdings by roughly $5 billion since mid-December.
This accumulation trend indicates that whales are confident in Bitcoin’s future prospects, as they focus on building their positions rather than offloading their assets. Recently, reports also confirmed that three large wallets, likely controlled by the same whale, purchased 3,000 BTC worth nearly $280 million in a span of just 10 hours.
Long-Term Holders Display Growing Confidence in Bitcoin
For the first time since July 2025, Bitcoin holders with assets older than 155 days have stopped net selling. This shift points to a renewed confidence in the market, as long-term holders seem to believe in Bitcoin’s future stability.
Instead of selling during price fluctuations, these investors are holding onto their assets, suggesting that they expect Bitcoin’s value to rise over the long term.
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.
