- Bitcoin whales acquire 218,570 BTC since March, per Santiment.
- Whales now control 68.44% of Bitcoin supply.
- Market consolidation may hint at future rallies.
Blockchain analytics firm Santiment reports that since late March 2025, Bitcoin whales holding 10 to 10,000 BTC have accumulated 218,570 BTC, increasing their control to 68.44% of circulating supply.
The accumulation by Bitcoin whales suggests potential long-term market optimism, with possible implications for market liquidity and price stability, though BTC remains range-bound near $118,000 to $120,000.
Bitcoin whales have accumulated approximately 218,570 BTC since late March, data from Santiment reveals. This substantial acquisition raises their total control to about 68.44% of the circulating Bitcoin supply, demonstrating a noteworthy increase in holdings.
The primary actors involved are wallets holding between 10 and 10,000 BTC. These large-scale holders known as whales and sharks demonstrate long-term market optimism through continuous acquisition efforts highlighted by Santiment’s tracking.
Market reactions to the accumulation remain muted, as the Bitcoin price continues in a range around $118,000–$120,000. While volatility has been low, this accumulation suggests potential for future price shifts once market momentum changes.
Santiment notes that whales’ recent acquisitions have been driven largely by institutional interests through ETFs and custodial channels. However, there have been no major public firm-level purchase disclosures to date.
Bitcoin’s consolidation phase aligns with historical trends where whale accumulation preceded significant bull runs. Long-term holders absorbing supply provide market stability and may set the stage for future price surges.
Insights suggest that the current whale activity highlights the potential for supply squeezes. Coupled with historical patterns, long-term optimism remains as holders anticipate market momentum shifts and possible future rallies.
“Bitcoin sharks & whales (holding 10-10K $BTC) have added 218,570 coins since late March, now controlling 68.44% of the total supply. This is a 4-month high and signals continued long-term optimism.” — Maksim Balashevich, CEO and Founder, Santiment
