Bitcoin Whales Rebuild Holdings Amid Increased Exchange Activity
- Large Bitcoin holders, or “whales,” increased their total balance to 3.09 million BTC, up from 2.86 million BTC in December.
- Whale-related outflows averaged 3.5% of exchange-held BTC over a rolling period of 30 days, the highest since late 2024.
- In the past month, approximately 60,000–100,000 BTC were withdrawn from exchanges due to elevated withdrawal ratios.
- Whale flows into Binance reached a 14-month high, totaling $8.24 billion.
- Retail flows during the same period amounted to $11.91 billion, with a retail-to-whale ratio of 1.45.
The accumulation by Bitcoin whales signifies a recovery trend as they have reversed previous sell-offs and restored their holdings to pre-October levels following market volatility in late 2025. The increase in exchange activity highlights shifting dynamics between large and retail investors.
Overall, whale accumulation has risen by 230,000 BTC, indicating strong interest despite recent market fluctuations.(Source)
