Bitcoin Whale Surge: 2,800 BTC Accumulated Across Addresses Amid Major Kraken Withdrawals and Mt. Gox Transfers

On-chain intelligence shows a single large whale accumulating about 2,800 BTC across multiple wallets over the past two weeks, valued near $2.64 billion. Most inflows were followed by withdrawals from Kraken, with an additional 45 BTC exiting a CEX in the last 24 hours at roughly $101,700 per BTC.

Treasury movements included a Bitmine-linked address withdrawing 21,045 ETH from Kraken, while a SharpLink address transferred 5,442 ETH to a Galaxy Digital OTC wallet a few hours ago.

Another whale sold 31,005 ETH last night, equating to about $92.19 million, contributing to a net two-week loss of around $18.8 million.

Meanwhile, the so-called Great Wall began shifting BTC to exchanges, sending 185 BTC (about $16.8 million) to Kraken as part of ongoing on-chain activity, while roughly $936 million of Bitcoin moved to a Mt.Gox wallet.

Finally, a wallet nicknamed the ‘buddy’ continued to scale an Ethereum long position by 25x, now valued at about $11.56 million with an unrealized gain near $154,000.