Bitcoin whales have accumulated nearly 1% of the circulating Bitcoin supply over recent months, diversifying into Ethereum and select meme coins amid fluctuating market conditions, signaling strategic asset repositioning.
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Bitcoin whales holding 10 to 10,000 BTC increased their holdings by 0.9% in four months.
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Profit-taking by some large holders offset whale accumulation, with $9 billion sold recently.
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Whales are expanding into Ethereum and meme coins, indicating diversification beyond Bitcoin.
Bitcoin whales accumulate nearly 1% of circulating BTC while diversifying into ETH and meme coins amid mixed market signals. Stay informed with COINOTAG.
How Have Bitcoin Whales Increased Their Holdings Amid Market Volatility?
Bitcoin whales, defined as wallets holding between 10 and 10,000 BTC, have collectively accumulated 0.9% of the circulating Bitcoin supply over the past four months. According to crypto analytics platform Santiment, this equates to approximately 218,570 additional BTC added to whale wallets since late March. This accumulation reflects a strategic move despite mixed market signals and price fluctuations.
What Recent Market Activity Has Influenced Whale Behavior?
In the last 48 hours alone, whales added roughly 30,000 BTC, as reported by on-chain analyst Ali Martinez. Meanwhile, Bitcoin’s price remains stable around $118,556, with daily trading volumes rising to $44 billion. However, prediction markets show a divided sentiment, with 55% betting against Bitcoin surpassing $119,000 by August 1, and 45% optimistic. This volatility has not deterred whales from increasing their holdings.
Why Are Some Whales Taking Profits Despite Accumulation Trends?
While many whales accumulate Bitcoin, some large holders have recently taken profits. One of the largest Bitcoin whales sold $9 billion worth of BTC in a single day, assisted by crypto asset manager Galaxy Digital. Despite this, Glassnode analysts highlight that 97% of circulating Bitcoin remains in profit, with over $1.4 trillion unrealized gains held by investors, indicating a strong overall market position.
How Are Whales Diversifying Their Crypto Portfolios?
Whales are increasingly diversifying beyond Bitcoin, accumulating significant Ethereum positions. SharpLink Gaming, for example, invested $463 million in Ethereum recently, with total July purchases reaching $780 million. Additionally, whales are showing interest in meme coins like PEPE and WIF, signaling a shift towards high-alpha assets while maintaining focus on established Layer-1 platforms such as Ethereum and Solana, known for their robust DeFi ecosystems.
What Is the Current State of the Crypto Market Capitalization?
The total crypto market capitalization briefly surpassed $4 trillion on July 27 but has since retreated to approximately $3.44 trillion, remaining largely unchanged over the past week. Market experts, including Bitget COO Vugar Usi Zade, anticipate renewed growth in the third quarter, driven by whale activity and diversification strategies.
| Asset | Recent Whale Accumulation | Market Impact |
|---|---|---|
| Bitcoin (BTC) | +0.9% circulating supply (~218,570 BTC) | Stable price, increased whale holdings |
| Ethereum (ETH) | SharpLink Gaming $780M July purchases | Growing interest, strong DeFi ecosystem |
| Meme Coins (PEPE, WIF) | Selective accumulation by whales | High-alpha plays, speculative interest |
Frequently Asked Questions
How much Bitcoin have whales accumulated recently?
Bitcoin whales holding between 10 and 10,000 BTC have accumulated approximately 0.9% of the circulating supply, adding around 218,570 BTC since late March 2025.
Why are whales diversifying into Ethereum and meme coins?
Whales are diversifying to capitalize on high-growth opportunities in Ethereum’s DeFi ecosystem and select meme coins, balancing risk while maintaining focus on established Layer-1 platforms.
What impact does whale activity have on Bitcoin’s price?
Whale accumulation tends to support Bitcoin’s price stability, while profit-taking can introduce short-term volatility; overall, the market remains largely profitable for investors.
Key Takeaways
- Whale Accumulation: Bitcoin whales have increased holdings by nearly 1% of circulating supply since March 2025.
- Profit Taking: Some whales sold large BTC amounts, but most investors remain in profit.
- Diversification: Whales are expanding into Ethereum and select meme coins, signaling strategic portfolio shifts.
Conclusion
Bitcoin whale accumulation of nearly 1% of circulating supply highlights strong confidence despite mixed market signals. Diversification into Ethereum and meme coins suggests evolving strategies among large investors. Monitoring these trends provides valuable insights into market dynamics and potential future movements.
