Bitcoin Whales Power BTC Rally with Robust Accumulation Trends
25.04.2025 17:37
Bitcoin has rebounded to $94,000 after falling below $75,000 earlier this month, with major crypto whales leading the charge by accumulating large amounts of BTC. Analysis from Glassnode shows that wallets holding over 10,000 BTC have an accumulation score of 0.90, reflecting aggressive buying, while even smaller wallets are shifting towards accumulation with scores around 0.5. Additionally, data from CryptoQuant indicates the highest outflow of BTC from centralized exchanges in two years based on a 100-day moving average, suggesting investors are moving towards direct custody for longer-term holding. This combination of factors—whale re-entry, strong on-chain accumulation signals, and significant exchange outflows—is reinforcing a bullish sentiment around Bitcoin’s current price rally.
The news is highly positive for BTC as it indicates strong accumulation by large investors (whales), evidenced by high accumulation scores on-chain and significant outflows from centralized exchanges. Short term, this influx of capital should drive immediate upward momentum. Long term, as investors secure direct custody, the reduction in available supply on exchanges may bolster price stability and support further gains. The price dynamics are influenced by confirmed high-volume purchasing by institutional players and a shift in investor sentiment towards long-term holding, driving a higher likelihood of sustained price increases.
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