• bitcoinBitcoin (BTC) $ 84,432.00
  • ethereumEthereum (ETH) $ 1,587.79
  • tetherTether (USDT) $ 0.999908
  • xrpXRP (XRP) $ 2.06
  • bnbBNB (BNB) $ 592.11
  • solanaSolana (SOL) $ 134.13
  • usd-coinUSDC (USDC) $ 0.999853
  • dogecoinDogecoin (DOGE) $ 0.157520
  • tronTRON (TRX) $ 0.240879
  • cardanoCardano (ADA) $ 0.629308
  • staked-etherLido Staked Ether (STETH) $ 1,586.83
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 84,289.00
  • leo-tokenLEO Token (LEO) $ 9.23
  • chainlinkChainlink (LINK) $ 12.58
  • avalanche-2Avalanche (AVAX) $ 19.09
  • the-open-networkToncoin (TON) $ 3.00
  • stellarStellar (XLM) $ 0.240474
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999764
  • hedera-hashgraphHedera (HBAR) $ 0.165891
  • suiSui (SUI) $ 2.12
  • wrapped-stethWrapped stETH (WSTETH) $ 1,905.65
  • bitcoin-cashBitcoin Cash (BCH) $ 337.24
  • litecoinLitecoin (LTC) $ 75.87
  • hyperliquidHyperliquid (HYPE) $ 16.88
  • polkadotPolkadot (DOT) $ 3.66
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.40
  • ethena-usdeEthena USDe (USDE) $ 0.999530
  • pi-networkPi Network (PI) $ 0.647592
  • wethWETH (WETH) $ 1,589.15
  • whitebitWhiteBIT Coin (WBT) $ 27.87
  • moneroMonero (XMR) $ 215.16
  • wrapped-eethWrapped eETH (WEETH) $ 1,692.34
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 84,400.00
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.19
  • pepePepe (PEPE) $ 0.000007
  • okbOKB (OKB) $ 50.27
  • aptosAptos (APT) $ 4.69
  • gatechain-tokenGate (GT) $ 22.37
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.54
  • ondo-financeOndo (ONDO) $ 0.830587
  • susdssUSDS (SUSDS) $ 1.05
  • nearNEAR Protocol (NEAR) $ 2.06
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 15.51
  • bittensorBittensor (TAO) $ 270.70
  • internet-computerInternet Computer (ICP) $ 4.76
  • crypto-com-chainCronos (CRO) $ 0.083808
  • mantleMantle (MNT) $ 0.658820
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • aaveAave (AAVE) $ 138.42
  • render-tokenRender (RENDER) $ 3.91
  • vechainVeChain (VET) $ 0.023237
  • kaspaKaspa (KAS) $ 0.076642
  • cosmosCosmos Hub (ATOM) $ 4.14
  • fasttokenFasttoken (FTN) $ 4.23
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 83,931.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.190061
  • algorandAlgorand (ALGO) $ 0.191180
  • filecoinFilecoin (FIL) $ 2.45
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998836
  • official-trumpOfficial Trump (TRUMP) $ 7.80
  • ethenaEthena (ENA) $ 0.280042
  • sonic-3Sonic (prev. FTM) (S) $ 0.457295
  • celestiaCelestia (TIA) $ 2.38
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.83
  • arbitrumArbitrum (ARB) $ 0.291819
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.505994
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 84,144.00
  • kucoin-sharesKuCoin (KCS) $ 10.03
  • makerMaker (MKR) $ 1,354.22
  • binance-staked-solBinance Staked SOL (BNSOL) $ 140.33
  • xdce-crowd-saleXDC Network (XDC) $ 0.070728
  • optimismOptimism (OP) $ 0.664861
  • jupiter-exchange-solanaJupiter (JUP) $ 0.373548
  • story-2Story (IP) $ 3.82
  • nexoNEXO (NEXO) $ 1.02
  • flare-networksFlare (FLR) $ 0.015836
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,588.35
  • eosEOS (EOS) $ 0.622977
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,655.01
  • quant-networkQuant (QNT) $ 63.56
  • bonkBonk (BONK) $ 0.000012
  • usdt0USDT0 (USDT0) $ 1.00
  • blockstackStacks (STX) $ 0.594620
  • worldcoin-wldWorldcoin (WLD) $ 0.706948
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • sei-networkSei (SEI) $ 0.166526
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999953
  • tether-goldTether Gold (XAUT) $ 3,347.86
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999738
  • immutable-xImmutable (IMX) $ 0.442816
  • dexeDeXe (DEXE) $ 13.84
  • curve-dao-tokenCurve DAO (CRV) $ 0.596217
  • pax-goldPAX Gold (PAXG) $ 3,353.58
  • injective-protocolInjective (INJ) $ 7.87
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,787.22
  • wbnbWrapped BNB (WBNB) $ 592.24
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 83,628.00
  • the-graphThe Graph (GRT) $ 0.078383
  • fartcoinFartcoin (FARTCOIN) $ 0.746136
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 84,423.00
  • usual-usdUsual USD (USD0) $ 0.997879
  • jasmycoinJasmyCoin (JASMY) $ 0.013518
  • theta-tokenTheta Network (THETA) $ 0.656037
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 147.64
  • the-sandboxThe Sandbox (SAND) $ 0.262015
  • coredaoorgCore (CORE) $ 0.631861
  • galaGALA (GALA) $ 0.014267
  • chain-2Onyxcoin (XCN) $ 0.018886
  • lido-daoLido DAO (LDO) $ 0.698073
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999314
  • raydiumRaydium (RAY) $ 2.15
  • msolMarinade Staked SOL (MSOL) $ 172.36
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,686.65
  • heliumHelium (HNT) $ 3.44
  • mantra-daoMANTRA (OM) $ 0.637360
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • iotaIOTA (IOTA) $ 0.159445
  • kaiaKaia (KAIA) $ 0.100932
  • movementMovement (MOVE) $ 0.237516
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • flowFlow (FLOW) $ 0.362043
  • bitcoin-svBitcoin SV (BSV) $ 28.64
  • flokiFLOKI (FLOKI) $ 0.000056
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.86
  • tezosTezos (XTZ) $ 0.500479
  • decentralandDecentraland (MANA) $ 0.275168
  • jito-governance-tokenJito (JTO) $ 1.61
  • pendlePendle (PENDLE) $ 3.14
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,662.12
  • zcashZcash (ZEC) $ 31.06
  • clbtcclBTC (CLBTC) $ 84,180.00
  • true-usdTrueUSD (TUSD) $ 0.998016
  • pyth-networkPyth Network (PYTH) $ 0.135649
  • walrus-2Walrus (WAL) $ 0.393817
  • beldexBeldex (BDX) $ 0.066630
  • pumpbtcpumpBTC (PUMPBTC) $ 82,502.00
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999808
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.06
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999815
  • kavaKava (KAVA) $ 0.420570
  • grassGrass (GRASS) $ 1.65
  • dydx-chaindYdX (DYDX) $ 0.574102
  • solayerSolayer (LAYER) $ 2.05
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 84,432.00
  • ubtcuBTC (UBTC) $ 83,087.00
  • apenftAPENFT (NFT) $ 0.00000042
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007293
  • telcoinTelcoin (TEL) $ 0.004434
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.999641
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.157595
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,658.34
  • thorchainTHORChain (RUNE) $ 1.14
  • elrond-erd-2MultiversX (EGLD) $ 14.21
  • ecasheCash (XEC) $ 0.000020
  • dogwifcoindogwifhat (WIF) $ 0.393273
  • spx6900SPX6900 (SPX) $ 0.423812
  • ousgOUSG (OUSG) $ 110.75
  • neoNEO (NEO) $ 5.57
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,688.44
  • tbtctBTC (TBTC) $ 83,961.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.577195
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,588.52
  • olympusOlympus (OHM) $ 22.77
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • resolv-usrResolv USR (USR) $ 0.999544
  • starknetStarknet (STRK) $ 0.123601
  • berachain-beraBerachain (BERA) $ 3.27
  • chilizChiliz (CHZ) $ 0.037298
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,587.07
  • compound-governance-tokenCompound (COMP) $ 39.43
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.996757
  • conflux-tokenConflux (CFX) $ 0.068096
  • apecoinApeCoin (APE) $ 0.434597
  • arweaveArweave (AR) $ 5.29
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,588.04
  • super-oethSuper OETH (SUPEROETHB) $ 1,586.32
  • usddUSDD (USDD) $ 1.00
  • based-brettBrett (BRETT) $ 0.033902
  • matic-networkPolygon (MATIC) $ 0.190723
  • plumePlume (PLUME) $ 0.165282
  • saros-financeSaros (SAROS) $ 0.124169
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000059
  • fraxFrax (FRAX) $ 0.999848
  • wormholeWormhole (W) $ 0.070258
  • beam-2Beam (BEAM) $ 0.006076
  • sun-tokenSun Token (SUN) $ 0.016537
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.759761
  • aioz-networkAIOZ Network (AIOZ) $ 0.268339
  • aerodrome-financeAerodrome Finance (AERO) $ 0.384921
  • roninRonin (RON) $ 0.489230
  • justJUST (JST) $ 0.030492
  • amp-tokenAmp (AMP) $ 0.003530
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.004706
  • honey-3Honey (HONEY) $ 0.999687

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

0 7

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January.

Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have significant implications for the market’s trajectory.

According to CryptoQuant analyst onchained, a distinct group of Bitcoin holders with at least 1,000 BTC—acquired within the past six months—has been actively accumulating.

This trend, which started in November 2024, has accelerated significantly in recent weeks, with these new whales amassing over 1 million BTC in total and adding more than 200,000 BTC just this month alone.

New Whales Drive Market Accumulation

Onchained’s analysis highlights that this unprecedented accumulation trend indicates strong confidence in Bitcoin’s long-term outlook. The rapid expansion of new whale holdings suggests that institutional investors or high-net-worth individuals are increasing their exposure to Bitcoin.

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

The data further reveals that the majority of these newly acquired holdings are being retained for short periods (less than six months), reinforcing the idea that investors see value at current price levels and are willing to hold despite market fluctuations.

If this accumulation trend continues, it could serve as a strong support mechanism for Bitcoin’s price in the coming months. Onchained also speculated that Bitcoin could revisit its all-time high and potentially break beyond it, mentioning possible price targets of $150,000 or even $160,000.

However, market conditions, liquidity, and investor sentiment will play a crucial role in determining the sustainability of this trend.

The Surge of New Bitcoin Whales

“Since November 2024, these wallets have collectively acquired over 1 million BTC… Their accumulation pace has accelerated notably in recent weeks, accumulating more than 200,000 BTC just this month.” – By @0nchained pic.twitter.com/jVsFPjY8WA

— CryptoQuant.com (@cryptoquant_com) March 18, 2025

Is Bitcoin Demand Weakening?

While whale accumulation suggests strong long-term conviction, another CryptoQuant analyst, BilalHuseynov, has pointed out potential concerns about Bitcoin’s demand momentum.

His analysis shows that Bitcoin saw peaks in demand in both March and December 2024, marking the first time two demand peaks have occurred in close succession. However, following the March peak, a significant decline in demand has been observed.

BilalHuseynov compared the current trend to previous market cycles, specifically the 2017-2018 period, when momentum peaks were followed by price fluctuations and a gradual decline in demand.

While factors such as market size, trading volume, and liquidity have changed significantly since then, the current trend suggests that Bitcoin’s demand may be softening, which could impact price movements in the near term.

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

Feature image created with DALL-E, Chart from TradingView

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