In June 2025, there has been significant accumulation of Bitcoin by whales, indicating strong confidence in the cryptocurrency's future.
Whale Purchases
According to a recent X post by Ali (@ali_charts), major investors known as whales have purchased over 30,000 BTC in just 96 hours as of June 3, 2025. This activity from large investors highlights confidence in Bitcoin's value.
Accumulation Dynamics
The chart shared by Ali, based on data from Santiment, illustrates the activity of wallets holding between 1,000 and 10,000 BTC. Despite Bitcoin's price volatility, a notable increase in the number of wallets indicates growing confidence in the long-term value of the cryptocurrency.
Bitcoin Market Outlook
According to data shared by Santiment on June 3, 2025, 151,820 key wallets holding between 10 to 10,000 Bitcoin have collectively added 79,244 BTC over the past week. This shows that major holders continue to accumulate Bitcoin actively, even amidst ongoing market volatility.
The increasing activity of major investors in accumulating Bitcoin may signal positive prospects for the cryptocurrency; however, high volatility in the market calls for caution among investors.
