Bitcoin

Arkham

A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency.&nbsp;The Bitcoin (<a href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow">BTC</a>) whale added 2,400 Bitcoin — worth over $200 million — to their stash on March 24, blockchain analytics firm Arkham Intelligence <a href="https://x.com/arkham/status/1904214104765571170" rel="noopener noreferrer nofollow">said</a> in an X post.Data shared by the firm shows that despite some sales in February, after the latest purchase, the whale holds over 15,000 <a href="https://cointelegraph.com/explained/crypto-wallets-explained" rel="noopener noreferrer nofollow">Bitcoin in its wallet</a>, worth over $1.3 billion, at current prices.“A $1 billion Bitcoin Whale just withdrew $200 million of Bitcoin this morning from Binance,” Arkham said.The whale started acquiring Bitcoin five days ago after selling off its stash when Bitcoin’s price was between $100,000 and $86,000 in February. CoinGeck data <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">shows</a> on Feb. 1, Bitcoin was worth over $104,000, but it steadily declined to hit a low of $78,940 on Feb. 28.&nbsp;<figure><img alt="Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years" src="https://s3.cointelegraph.com/uploads/2025-03/0195cb19-ca72-71a8-886f-5180eef10caa" title=""><figcaption>Source: <a href="https://x.com/arkham/status/1904214104765571170" rel="noopener noreferrer nofollow">Arkham Intelligence</a></figcaption></figure>The whale movement comes amid a recent Bitcoin price rebound.&nbsp;Bitcoin has been trading $81,000 and $88,000 in the last seven days, <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">according</a> to CoinGecko, with a price surge of 3% on March 24, distancing itself from its $76,900 low on March 11.<h2 id="bitcoin-whale-wakes-from-slumber">Bitcoin whale wakes from slumber&nbsp;</h2>At the same time, <a href="https://cointelegraph.com/news/what-are-bitcoin-whales-and-how-to-spot-them" rel="noopener noreferrer nofollow">another Bitcoin whale</a> has woken up after eight years of dormancy, moving over 3,000 Bitcoin, worth $250 million, in one transaction on March 22.“His Bitcoin stack went from $3M in early 2017 to over $250M today — and he’s held Bitcoin on one address for over 8 years,” Arkham <a href="https://x.com/arkham/status/1903492222902804633" rel="noopener noreferrer nofollow">said</a> in a March 22 X post.&nbsp;Another huge Bitcoin holder, BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets under management, has been <a href="https://cointelegraph.com/news/blackrock-holds-47-billion-bitcoin" rel="noopener noreferrer nofollow">steadily accumulating more Bitcoin</a> over the last week as well, <a href="https://x.com/arkham/status/1904204272515862927" rel="noopener noreferrer nofollow">according</a> to Arkham.Across 15 transactions, the asset manager bought an extra 4,054 Bitcoin, giving it a total stash of 573,878, worth over $50 billion, data on Bitbo’s Bitcoin treasury tracker <a href="https://treasuries.bitbo.io/blackrock-ibit/" rel="noopener noreferrer nofollow">shows</a>.&nbsp;BlackRock’s iShares Bitcoin Trust (IBIT) also <a href="https://cointelegraph.com/news/bitcoin-etf-inflows-rebound-ethereum-outflows-continue" rel="noopener noreferrer nofollow">led a rally of spot Bitcoin exchange-traded funds</a> (ETFs) in the US, snapping a five-week <a href="https://cointelegraph.com/news/blackrock-bitcoin-fund-sheds-420-million-etf-losing-streak-extends" rel="noopener noreferrer nofollow">net outflow streak</a> by clocking a net inflow of $744.4 million.&nbsp;The bulk of net inflows came from BlackRock’s iShares, which recorded $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.Bitcoin whales weren’t the only ones accumulating more crypto. Lookonchain <a href="https://x.com/lookonchain/status/1903112837846929445" rel="noopener noreferrer nofollow">used</a> Arkham data to track a <a href="https://cointelegraph.com/learn/articles/what-is-ethereum-a-beginners-guide-to-eth-cryptocurrency" rel="noopener noreferrer nofollow">lone Ether whale</a> who added 7,074 Ether (<a href="https://cointelegraph.com/ethereum-price" rel="noopener noreferrer nofollow">ETH</a>) to its stash on March 21, worth $13.8 million.<figure><img alt="Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years" src="https://s3.cointelegraph.com/uploads/2025-03/0195cb1a-20aa-70df-b5a6-1508b7a66005" title=""><figcaption>Source: <a href="https://x.com/lookonchain/status/1903112837846929445" rel="noopener noreferrer nofollow">Lookonchain</a></figcaption></figure>Ether has been moving between $1,876 and $2,097 in the last seven days, CoinGecko data <a href="https://www.coingecko.com/en/coins/ethereum" rel="noopener noreferrer nofollow">shows</a>. It’s still down over 57% from its all-time high of $4,878, which it hit in November 2021.However, its<a href="https://cointelegraph.com/news/ethereum-open-interest-hits-new-all-time-high-will-eth-price-follow" rel="noopener noreferrer nofollow"> open interest surged</a> to a new all-time high on March 21, and the number of addresses with at least $100,000 worth of Ether <a href="https://cointelegraph.com/news/eth-reclaim-2-2-k-macro-range-whale-accumulation" rel="noopener noreferrer nofollow">started rising at the beginning of March</a>, from just over 70,000 addresses on March 10 to over 75,000 on March 22.Magazine: <a href="https://cointelegraph.com/magazine/crypto-fans-obsessed-longevity-biohacking-why/" rel="noopener noreferrer nofollow">Crypto fans are obsessed with longevity and biohacking: Here’s why</a>

Massive Bitcoin whale buys $200M in BTC, another wakes up after 8 years

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