Whale Activity Surges as Bitcoin Builds Momentum Toward New Highs.

 July 31, 2025 – New York, NY — Bitcoin (BTC) is showing renewed strength as large-scale investors—commonly referred to as “whales”—return to the market in force, accumulating significant positions in anticipation of a breakout to new all-time highs. The uptick in whale activity signals growing institutional and high-net-worth confidence in the digital asset’s trajectory, amid favorable macro trends and increasing ETF inflows.

According to on-chain analytics firm Glassnode, addresses holding more than 1,000 BTC have increased their holdings by nearly 3% over the past two weeks, marking one of the largest accumulation phases since early 2024. This accumulation coincides with rising open interest in Bitcoin futures and a surge in spot trading volume on major exchanges.

Building Toward a Breakout

Bitcoin is currently trading above $61,500, having climbed over 8% in the past 10 days. Analysts point to a combination of technical resilience and macroeconomic tailwinds as key drivers. With inflation data showing signs of cooling and central banks easing off aggressive rate policies, investors are reallocating capital toward risk-on assets—Bitcoin chief among them.

“The pattern we’re seeing suggests that large investors are preparing for a major move,” said Adam Morgan, lead strategist at CryptoQuant. “This level of whale accumulation, combined with strong ETF inflows and lower exchange reserves, points to a supply squeeze scenario.”

Institutional Tailwinds

Spot Bitcoin ETFs, particularly those launched by BlackRock, Fidelity, and Ark Invest, have recorded steady inflows for four consecutive weeks. These regulated investment vehicles are providing institutions and retirement accounts with an accessible and secure pathway into Bitcoin exposure, driving demand without the complexities of self-custody.

The recent SEC approval of in-kind redemptions for Bitcoin ETFs has further increased market efficiency, allowing large traders to move in and out of positions without impacting spot prices dramatically.

“Whales are following the smart money,” noted crypto economist Laura Shin. “With the infrastructure finally catching up to the asset class, there’s no longer as much friction for institutions to build significant positions.”

Whale Behavior Patterns

Blockchain data indicates several key behavioral trends among whale addresses:

  • Net Accumulation: Whale wallets have added more than 55,000 BTC in the past 30 days.

  • Reduced Exchange Activity: Fewer large BTC transfers are headed to centralized exchanges, a typical sign of holding rather than selling intent.

  • OTC Desk Flows Rising: On-chain metrics and industry reports show an uptick in over-the-counter (OTC) desk transactions—suggesting large trades are being settled privately to avoid market impact.

These patterns often precede major bullish moves, as supply on exchanges shrinks and price momentum accelerates.

Market Outlook

Technical analysts are watching the $64,000 level as the next major resistance. A breakout above that threshold could open the door to a retest of Bitcoin’s all-time high near $69,000, last reached in late 2021. Momentum indicators such as the Relative Strength Index (RSI) and MACD suggest growing bullish divergence, with strong support levels holding around $59,000.

Meanwhile, volatility remains relatively subdued—a sign that the market may be coiling for a significant move.

Final Thoughts

The resurgence of whale activity underscores growing optimism that Bitcoin is entering a new leg of its long-term bull cycle. With macro conditions improving, ETF inflows accelerating, and regulatory clarity gradually forming, the stage appears set for Bitcoin to test new highs.

If the current pace of accumulation continues, analysts expect a breakout to occur within the coming weeks—potentially reigniting retail interest and pushing Bitcoin back into global headlines as the flagship digital asset reclaims center stage.