The post Bitcoin Whales Increase Holdings by 129,000 BTC Since March 11 – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Bitcoin whales have increased BTC holdings significantly since March 11, 2025. Over 129,000 BTC were added, largest since August 2024. Market reactions signal strong confidence among large players. On March 27, 2025, blockchain analytics firm Glassnode reported a significant increase in Bitcoin holdings by major investors, commonly referred to as ‘whales’. These whales have purchased over 129,000 BTC since March 11, primarily in the last two days. The increase in whale activity is seen as a sign of growing confidence among large investors. According to CoinDesk, Glassnode noted, “The accumulation momentum has increased sharply in the past two days,” marking the largest increase in whale holdings since August 2024 and suggesting a bullish outlook by key players. Bitcoin Whales Buy 129,000 BTC Amid Growing Optimism Glassnode’s data reveal that major Bitcoin investors have added over 129,000 BTC to their holdings since early March 2025. The momentum behind this accumulation grew sharply over the past two days, highlighting the influx of investor confidence. The collected data highlight a significant shift in the sentiment of large-scale investors. These actions underscore the strategic interest in Bitcoin as a long-term asset. As whales increase their holdings, the crypto market is closely monitoring the impact on Bitcoin’s price and volatility. Large-scale accumulations typically signal bullish sentiment, potentially influencing retail investors and smaller market players. However, no direct comments from major industry figures or regulatory bodies have been noted in response to this event. Price Stability and Historical Trends in Bitcoin Markets Did you know? The last comparable surge in Bitcoin whale holdings occurred in August 2024, reflecting similar bullish sentiment that preceded a market upswing at the time. According to CoinMarketCap data, Bitcoin (BTC) is currently priced at $87,142.93, with a market cap of $1.73 trillion, maintaining a market dominance of 60.69%. Trading…

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Filed under: News - @ March 27, 2025 10:25 pm