$BTC Whales Accumulated 1% of Total Supply Over Four Months


Large #Bitcoin holders controlling 10-10,000 $BTC have bought nearly 1% of the circulating supply in recent months.


The accumulation included 30,000 $BTC purchased in just 48 hours, according to Santiment data.


Despite whale buying pressure, one major holder sold $9 billion worth of coins through Galaxy Digital last week.


Whales are diversifying beyond $BTC into $ETH, $SOL and select meme coins while maintaining focus on established layer-1 platforms.


SharpLink Gaming dropped $780 million on $ETH in July, establishing itself as one of the asset's largest holders.


Bitget's COO noted whales are making "high-alpha plays" in tokens like $PEPE and $WIF alongside core holdings.


The crypto market cap currently sits at $3.44 trillion after briefly touching $4 trillion on July 27.

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August 01, 2025 at 12:01 AM
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