Bitcoin Whales Are in Accumulation Mode: Is This a Signal of a Nearby Bottom?

As Bitcoin wobbles below $90,000, something interesting is happening behind the scenes: whale activity is expected to peak this week in weekly transactions throughout 2025.

The numbers speak for themselves:

• 102,000+ transactions exceeding $100,000
• 29,000 transactions above $1 million

Here comes the important part: according to Glassnode, large holders have been accumulating Bitcoin since the end of October, with a notable increase in wallets containing more than 1,000 BTC since last Friday.

Is Retail Panic = Profit for Whales?

Analysts detect a clear pattern. While many invest small amounts sold out of fear, the whales are buying at discounted prices. Bradley Duke from Bitwise Asset Management sums it up well: “Despite the market panic, the big holders are keeping calm and capitalizing on the drop.”

Tushar Jain from Multicoin Capital observed something interesting: there is a pattern of systematic selling in the market, possibly forced liquidations. The bad news is that this is unlikely to last long.

The Data that Matters

The Swyftx platform reports a record ratio of buy orders vs. sell orders, suggesting that both whales and retail investors are buying following the Nvidia rally.

Experts ( including Tom Lee from BitMine and Matt Hougan from Bitwise) point out that the bottom might be near. When whales shift from “selling” to “accumulating”, they generally know something that the market hasn't priced in yet.

The million-dollar question: Is this the last panic buy before a rally, or are we just getting started?