Bitcoin whales have accumulated over 65,000 BTC in the past 30 days despite a price decline below $80,000. This move reflects a cautious strategy amid market pullbacks.
Whale Accumulation Activity
On-chain data shows that whales have added over 65,000 BTC in one month. Large holders exploited a 16% market pullback to boost their positions. The accumulation period spanned from February 10 to March 12, 2025, with the largest daily addition of around 3,200 BTC on March 5, 2025. This reflects tactical moves by investors using market volatility to adjust long-term positions.
CryptoQuant On-Chain Analysis
CryptoQuant data reveals that whales took advantage of market pressure to accumulate assets, while small holders faced stress during the pullback. This trend indicates strategic moves by large participants. Cauê Oliveira confirmed the trend in his analysis, noting that the absorption did not include miners and exchanges. His report provided clarity on whale behavior during market fluctuations. Data from CryptoQuant serves as a reference for investors monitoring market behavior during downturns.
Market Context and Outlook
Bitcoin's price slipped below $80,000 amid panic selling. The market pullback reached 16% over the last 30 days, creating an environment for strategic asset accumulation. The data suggests that whales maintain long-term confidence in Bitcoin. On-chain analysis does not foresee immediate price changes but indicates that market conditions allow for prudent portfolio adjustments. Traders remain cautious overall, and market observers continue to monitor price action and volume for further trends.
In conclusion, the activity of large Bitcoin holders suggests continued strategic asset accumulation amid challenging market conditions. Market observers continue to monitor price dynamics and volumes for further trends.
