Investors with wallets containing between 10 and 10,000 BTC—often referred to as “whales” and “sharks”—have collectively accumulated over $7.8 billion worth of Bitcoin during this period.

This surge in activity appears to reflect growing optimism among major players. Santiment notes that these influential wallets, which often signal broader market health, have added more than 81,000 BTC—an increase of about 0.61%—despite recent market fluctuations.

The trend suggests confidence in Bitcoin’s longer-term potential, possibly even signaling expectations of a future price breakout.

Interestingly, while the big players have been loading up, smaller retail investors have been trimming their holdings. Wallets holding less than 0.1 BTC have shed nearly 290 BTC, hinting at either panic selling or disinterest during the recent market chop.

In addition to direct accumulation, institutional interest also seems to be climbing. Since mid-April, Bitcoin ETFs have seen significant capital inflows—more than $5.1 billion has poured into these investment vehicles since April 16, contributing to market momentum.

The post Whales Boost Bitcoin Holdings as Retail Sells Off and ETF Inflows Surge appeared first on Coindoo.

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Filed under: Bitcoin - @ May 9, 2025 1:22 am