Since a significant market correction, Bitcoin whales have accumulated over 129,000 BTC, indicating their confidence and potential market growth.
Whale Accumulation in March 2025
Following a sharp drop in Bitcoin's price by over 25% to $83,500, the accumulation trend is observed. On-chain data confirms increased holdings since March 11, 2025. This accumulation pace has not been seen since August 2024, involving major Bitcoin holders.
Market Expectations: Possible Bullish Rally
Whale accumulation could trigger a market rally as it reflects renewed confidence. However, smaller holders are decreasing their positions, indicating cautious investor sentiment. This accumulation move signals a potential bullish market, contrasting with historical patterns where whales sold during downturns.
Similar Accumulations Spark Past Rallies
Similar patterns were seen in August 2024, where whale accumulation led to a price rally. The current trend resembles strategic buying by whales during market consolidations in 2023 and 2024, and experts believe it could be a bullish signal. 'Whales holding over 10,000 BTC briefly hit an accumulation trend score near 1.0 at the start of April, reflecting intense buying over 15 days.', noted the analysis from Glassnode.
The continuous accumulation by Bitcoin whales, despite recent market corrections, suggests a potential recovery of confidence among major investors and may herald price growth in the future.
