According to analytics firm Santiment, Bitcoin whales have accumulated 218,570 BTC since March 2025, highlighting increased accumulation activity.
Volume of Whale Accumulations
The analytics firm Santiment reports that Bitcoin whales have increased their holdings by approximately 218,570 BTC since the end of March. This accumulation indicates possible strategic positioning by institutional players holding significant portions of Bitcoin's supply. Notably, Santiment stated, "Wallet addresses holding between 10 to 100,000 bitcoins have accumulated an additional 218,570 bitcoins since the end of March. These groups now control 68.44% of the total bitcoin supply..."
Increase in Institutional Interest
Whales holding between 10 and 10,000 BTC now control 68.44% of Bitcoin’s total supply. This activity signifies an increase in institutional and high-net-worth participation in the crypto market, possibly setting the stage for market-shifting events.
Potential Market Impact
The accumulation of Bitcoin by whales is increasingly impactful on market sentiment. As these wallets gained more control, retail participation has declined, highlighting shifts in supply dynamics. Financially, this surge in whale activity can affect correlated tokens like ETH if market conditions follow historical trends. Retail Bitcoin holders, controlling less than 10 BTC, have declined by 37,465 in recent months. Parallel events in the past have often led to cycles of increased value appreciation as major holders accumulate.
The accumulation of Bitcoin by whales underscores changes in the market and positioning of major investors. These developments may lead to increased price stability and potential bullish cycles.
