Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

SyntternNet Partners with Hive Intelligence to transfer AI agents to the chains in 60+ block chains

2025-05-14

British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

2025-05-14

The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

2025-05-14
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    SyntternNet Partners with Hive Intelligence to transfer AI agents to the chains in 60+ block chains

    2025-05-14

    Co-founder of Solana Anatoly proposes a Metablokchain concept

    2025-05-14

    Layer-2 Blockchain explosion ends safe integration on the risks of third parties risks

    2025-05-14

    Codexfield bundles forces with LoveBit to stimulate ESG Innovation in Web3 & Crypto

    2025-05-14

    SFT protocol joins Glacier Labs to bridge physical and data infrastructure

    2025-05-14
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Republican senators call on Treasury to illuminate crypto tax laws to play with foreign companies at the level of ‘level’

    2025-05-14

    Former leader for CFTC chair role resigns to Leiden Blockchain Association

    2025-05-14

    Dubai Government announces a partnership with Crypto.com to accept payments in digital assets

    2025-05-14

    American legislators warn Treasury about taxing the non -realized crypto wins of American companies

    2025-05-13

    Fed Council Warns Stablecoins can pose a risk for bank deposits and credit capacity

    2025-05-13
  • Analysis

    $ 36 is in the cards as a period of 3 months becomes bullish?

    2025-05-14

    Low Cap Nasdaq-Gentered Company reveals $ 300,000,000 fundraising plan to acquire crypto, including the Trump token of the president: report

    2025-05-14

    Why $ 2.69 contains the key

    2025-05-14

    According to analyst Jason Pizzino, it will be time to be careful to carefully turn to cryptomarkets

    2025-05-14

    XRP sees renewed trading activity while the market absorbs sales pressure

    2025-05-14
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»The Road to $100,000: Bitcoin Whale Accumulation Explodes
Bitcoin

The Road to $100,000: Bitcoin Whale Accumulation Explodes

2024-03-27No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Reaching $100,000 for Bitcoin remains a very attainable target, especially considering the cryptocurrency’s price hit a new all-time high of $73.00 prior to the halving. In preparation for the explosive move expected to follow the halving, Bitcoin whales are doing everything they can to fill their wallets with BTC.

Big Bitcoin whales are buying more BTC

Now that the Bitcoin price has retreated from its surge, big Bitcoin whales are taking advantage of the dip to buy more coins at cheap prices. These whales, who own at least 1,000 BTC – meaning they are at the low end of $70 million – have been buying up a large tranche of coins over the past three months.

There has been one since January steady climb in the number of wallets that can hold at least 1,000, as interest continues to grow. Much of this interest is driven by institutional investors pouring billions of dollars into Spot Bitcoin ETFs. Now that issuers must own the BTC they sell to customers, these institutions have bought up a large portion of the supply.

The number of addresses with at least 1,000 BTC was less than 1,500 at the beginning of this year. But by March, as institutions ramped up their purchases, this number had risen to 1,617. This is an 8% increase in the number of these large whales in the last three months.

Bitcoin whales

Source: Glassnode

To put this increase in perspective, the last time this many whales held this much BTC was in 2021, at the height of the bull market. So if this number rises again, it means that these large investors are expecting the price to rise and are trying to maximize their profits as a result.

See also  Experts predict a target of $36,000 as the market outlook remains positive

Spot ETF Inflows See 2,600% Peak

After a week of consistent outflows, inflows into the Spot Bitcoin ETFs are starting to increase again. For the first day of the week: inflow climbed to $14.5 million, a welcome change from the nearly $900 million outflow recorded the week before.

This change in tide appears to have sparked renewed interest among investors, as inflows increased as much as 2,600% on Tuesday. A total of $418 million went into Spot BTC ETFs on Tuesday, one of the highest inflows since the ETFs were approved.

This change in price is also clearly visible in the Bitcoin price, which has recovered from last week’s low of $60,000. The price has since risen back above $70,000, with a 10% increase in the past week. This also confirms the whales’ attempts to acquire more Bitcoin, making the vast majority of their holdings profitable.

As we have seen in the past, a return of high inflows into the Spot ETFs has always been bullish for the price. So if the inflows were to continue this week, Bitcoin’s price could hit a brand new all-time high before the halving.

Bitcoin price chart from Tradingview.com

BTC bulls push price toward $72,000 | Source: BTCUSD on Tradingview.com

Featured image from India Today, chart from Tradingview.com

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

See also  How BlackRock's Bitcoin ETF Soared During a BTC Price Drop

Source link

Accumulation Bitcoin explodes Road whale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

2025-05-14

Bitcoin Whale Inflowt 40% – Can this group push BTC more than $ 103k?

2025-05-14

Bitcoin can hit $ 135k in 100 days, says analyst who looks at Vix Drop

2025-05-14

Bitcoin Whale moves $ 206 million because BTC holds above $ 100k

2025-05-14
Add A Comment

Comments are closed.

Top Posts

DePIN will increase the impact on the environment by being a solution to the climate crisis

2024-06-11

Ethereum price defies gravity, here’s what could trigger bullish moves

2023-10-20

DOGE needs to clear $0.065 for hopes of fresh gains

2023-06-16
Editors Picks

The Digital Chamber calls on Kamala Harris to embrace pro-crypto policies amid presidential nomination

2024-07-22

Avalanche gains momentum as AVAX targets resistance at $30.34

2024-06-29

Billionaire Biohacker Gets Into NFTs With Drip Solana Airdrop

2024-01-29

How to take advantage of Reddit communities

2023-08-08

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

SyntternNet Partners with Hive Intelligence to transfer AI agents to the chains in 60+ block chains

British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,060.67-0.65%
  • ethereumEthereum(ETH)$2,578.02-3.50%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.52-1.59%
  • binancecoinBNB(BNB)$646.62-2.39%
  • solanaSolana(SOL)$174.54-4.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.228444-4.07%
  • cardanoCardano(ADA)$0.79-4.09%
  • tronTRON(TRX)$0.271686-0.13%
  • suiSui(SUI)$3.85-3.69%
  • chainlinkChainlink(LINK)$16.77-3.09%
  • avalanche-2Avalanche(AVAX)$24.52-5.35%
  • stellarStellar(XLM)$0.300498-3.43%
  • shiba-inuShiba Inu(SHIB)$0.000015-4.53%
  • hedera-hashgraphHedera(HBAR)$0.202943-4.93%
  • hyperliquidHyperliquid(HYPE)$24.98-2.77%
  • unus-sed-leoUNUS SED LEO(LEO)$8.891.43%
  • the-open-networkToncoin(TON)$3.22-6.13%
  • bitcoin-cashBitcoin Cash(BCH)$397.87-2.98%
  • polkadotPolkadot(DOT)$4.90-5.61%
  • litecoinLitecoin(LTC)$99.91-3.26%
  • moneroMonero(XMR)$336.57-1.88%
  • piPi(PI)$0.82-34.94%
  • pepePepe(PEPE)$0.000014-4.51%
  • bitget-tokenBitget Token(BGB)$4.78-1.16%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$6.57-6.27%
  • bittensorBittensor(TAO)$451.43-1.58%
  • nearNEAR Protocol(NEAR)$3.02-6.78%
  • aptosAptos(APT)$5.71-6.50%
  • aaveAave(AAVE)$226.97-3.53%
  • okbOKB(OKB)$54.57-0.53%
  • ondo-financeOndo(ONDO)$1.00-3.73%
  • kaspaKaspa(KAS)$0.118370-2.37%
  • ethereum-classicEthereum Classic(ETC)$19.63-5.10%
  • internet-computerInternet Computer(ICP)$5.57-5.79%
  • gatechain-tokenGateToken(GT)$21.73-1.66%
  • crypto-com-chainCronos(CRO)$0.100115-2.31%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.19-1.88%
  • mantleMantle(MNT)$0.78-4.60%
  • render-tokenRender(RENDER)$4.99-5.61%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.246315-5.52%
  • vechainVeChain(VET)$0.029825-6.96%
  • ethenaEthena(ENA)$0.401444-9.88%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • filecoinFilecoin(FIL)$3.01-7.21%
  • arbitrumArbitrum(ARB)$0.420670-7.05%
  • algorandAlgorand(ALGO)$0.231843-6.29%
  • bitcoinBitcoin(BTC)$103,060.67-0.65%
  • ethereumEthereum(ETH)$2,578.02-3.50%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.52-1.59%
  • binancecoinBNB(BNB)$646.62-2.39%
  • solanaSolana(SOL)$174.54-4.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.228444-4.07%
  • cardanoCardano(ADA)$0.79-4.09%
  • tronTRON(TRX)$0.271686-0.13%
  • suiSui(SUI)$3.85-3.69%
  • chainlinkChainlink(LINK)$16.77-3.09%
  • avalanche-2Avalanche(AVAX)$24.52-5.35%
  • stellarStellar(XLM)$0.300498-3.43%
  • shiba-inuShiba Inu(SHIB)$0.000015-4.53%
  • hedera-hashgraphHedera(HBAR)$0.202943-4.93%
  • hyperliquidHyperliquid(HYPE)$24.98-2.77%
  • unus-sed-leoUNUS SED LEO(LEO)$8.891.43%
  • the-open-networkToncoin(TON)$3.22-6.13%
  • bitcoin-cashBitcoin Cash(BCH)$397.87-2.98%
  • polkadotPolkadot(DOT)$4.90-5.61%
  • litecoinLitecoin(LTC)$99.91-3.26%
  • moneroMonero(XMR)$336.57-1.88%
  • piPi(PI)$0.82-34.94%
  • pepePepe(PEPE)$0.000014-4.51%
  • bitget-tokenBitget Token(BGB)$4.78-1.16%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$6.57-6.27%
  • bittensorBittensor(TAO)$451.43-1.58%
  • nearNEAR Protocol(NEAR)$3.02-6.78%
  • aptosAptos(APT)$5.71-6.50%
  • aaveAave(AAVE)$226.97-3.53%
  • okbOKB(OKB)$54.57-0.53%
  • ondo-financeOndo(ONDO)$1.00-3.73%
  • kaspaKaspa(KAS)$0.118370-2.37%
  • ethereum-classicEthereum Classic(ETC)$19.63-5.10%
  • internet-computerInternet Computer(ICP)$5.57-5.79%
  • gatechain-tokenGateToken(GT)$21.73-1.66%
  • crypto-com-chainCronos(CRO)$0.100115-2.31%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.19-1.88%
  • mantleMantle(MNT)$0.78-4.60%
  • render-tokenRender(RENDER)$4.99-5.61%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.246315-5.52%
  • vechainVeChain(VET)$0.029825-6.96%
  • ethenaEthena(ENA)$0.401444-9.88%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • filecoinFilecoin(FIL)$3.01-7.21%
  • arbitrumArbitrum(ARB)$0.420670-7.05%
  • algorandAlgorand(ALGO)$0.231843-6.29%