Bitcoin Accumulation Continues Despite ATH: Whales Add 78K BTC In 30 Days
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is currently trading above the $105,000 level after a volatile retracement from its all-time high of $112,000. Despite the recent price swings, BTC appears to be entering a consolidation phase, finding support at a key demand zone as global markets remain tense. Rising US Treasury yields and escalating macroeconomic uncertainty, particularly related to trade tensions and inflation risks, are weighing heavily on investor sentiment across asset classes, including crypto. However, Bitcoin continues to show resilience in the face of systemic stress. According to fresh data from CryptoQuant, large holders—those with between 1,000 and 10,000 BTC—have been steadily increasing their positions. Since March 11, when BTC briefly fell below $78,000, this cohort has accumulated an additional 200,000 BTC, bringing their total holdings from 3.3 million to 3.5 million coins. This sustained accumulation by whales suggests that long-term confidence in Bitcoin remains intact, even as the broader market navigates through uncertainty. With consolidation underway and demand from key players rising, analysts are closely watching for the next major move. Whether BTC breaks out or pulls back further, the underlying accumulation trend signals continued strength behind the scenes. Bitcoin Faces Market Test As Whale Confidence Remains Strong Bitcoin is currently navigating a pivotal phase, having dropped over 7% from its all-time high of $112,000. As the asset consolidates near the $105,000 level, investors are closely watching how it reacts to growing macroeconomic uncertainty. Global tensions between the US and China, particularly around trade tariffs, are reshaping market dynamics and injecting volatility across risk assets. Despite this turbulence, Bitcoin remains a standout performer since 2021, outperforming most altcoins that continue to lag behind their previous cycle highs. What’s notable during this pullback is the sustained confidence shown by large Bitcoin…
