Bitcoin whale accumulation reached its highest level since 2024
On-chain data indicates a clear structural shift in the behavior of Bitcoin whales: addresses holding between 1,000 and 10,000 BTC have increased their combined balances to approximately 3,204,000 BTC. This is the highest level recorded since 2024.
This suggests that the ongoing consolidation in the crypto market has not concerned the whales. They remain confident in Bitcoin’s future. This is also supported by the change in the aggregate balance over the past 30 days, which increased by 152,000 BTC. This sharp acceleration compared to previous months indicates that the current movement is not a short-term reaction but part of a broader repositioning cycle.
Whale activity is also increasing on centralized cryptocurrency exchanges. In January, the metric on Binance rose to nearly 0.65, the highest level since November 2025. Such behavior is often associated with hedging strategies, derivatives positioning, or capital rotation between instruments, while core spot holdings remain unchanged.
In this case, the increase in exchange activity is occurring in parallel with net accumulation, reinforcing the idea that large holders are adjusting their strategies without exiting their long-term positions.
See also: "XRP cryptocurrency fell by 11% in bearish trading with a pullback"
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