Recent data indicates a significant rise in Bitcoin whale wallets, suggesting increased accumulation and potential price hikes in the cryptocurrency market.
Overview of Whale Wallet Growth
In recent months, there has been a notable increase in Bitcoin whale wallets, with over 231 new addresses with 10+ BTC added in just 10 days. This surge in accumulation is coinciding with Bitcoin's significant price increase, now exceeding $104,000.
Strategic Long-Term Positioning of Whales
According to reports, whales have been accumulating Bitcoin 'at a tremendous rate' since May 2025, leading to more than 1.68 million BTC held in wallets active in the last 24 hours. Increased short-term wallet activity signals rising pressure on available supply.
Historical Patterns and Future Bitcoin Predictions
The historical price performance of Bitcoin from 2011 to 2025 aligns with its cyclical structure, showing that bullish years are often followed by sharp corrections. Analysts suggest that 2025 aligns with Bitcoin's typical third-year cycle behavior, potentially setting the stage for a 120% rally.
In conclusion, the increase in the number of Bitcoin whale wallets and their accumulation history may influence upcoming price changes for Bitcoin, reinforcing cyclical trends in the cryptocurrency market.