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Whales Are Loading Up on Bitcoin Again, $3.6B in BTC Snapped Up in a Day

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Whales Are Loading Up on Bitcoin Again, $3.6B in BTC Snapped Up in a Day - NewsBTC

Quick Summary:

Related Reading: Analyst Compares Trump’s Market Impact to Obama Era as Bitcoin Sees Momentum $3.6 Billion Inflows Suggest Renewed Institutional Activity On April 9, accumulation addresses—wallets associated with long-term investors that rarely distribute funds—received a notable 48,575 BTC, according to on-chain data shared by CryptoQuant analyst Burak Kesmeci.

When accumulation addresses move this aggressively, it’s worth paying attention.” – By @burak_kesmeci pic.twitter.com/MVIFUcXKWz — CryptoQuant.com (@cryptoquant_com) April 10, 2025 Bitcoin Whales Increase Reserves Despite Weak Network Activity Adding to the accumulation narrative, another CryptoQuant analyst known as caueconomy noted that whale wallets—addresses holding large BTC balances—have resumed consistent buying since March.

While this could be coincidental, Kesmeci noted that the repetition of such behavior in response to macro-driven price declines may indicate a deeper behavioral trend among accumulation address holders.Massive $3.6 Billion Bitcoin Inflow to Accumulation Addresses!


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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-12 @ 06:30:46 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 80 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27802512

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 2 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #102

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