Rise in ‘New’ Bitcoin Whales Observed by Analysts

The proportion of investors holding at least 1,000 BTC, who acquired their coins within the last 155 days, has increased from 43% to 60%, according to CryptoQuant.

This metric is calculated relative to realised capitalisation. The increase reflects the emergence of large players amid optimistic sentiment.

Unlike ‘old’ whales, who adhere to long-term strategies, ‘new’ whales actively trade and respond more swiftly to market changes. Their behaviour often mirrors the current phase of the cycle, experts explained.

The active phase of growth in the share of ‘new’ whales began when Bitcoin rose to $55,000.

According to CryptoQuant, the rise in this metric occurs during periods of optimism, while a decline is seen in phases of uncertainty.

Earlier, CEO Ki Young Ju predicted the continuation of the bull run for a couple of quarters due to the global ‘advertising influence’ of US President Donald Trump.

Previously, CryptoQuant analysts found that after the latter’s election, digital gold has been supported by large investors.

Glassnode noted a return of hodlers to accumulating Bitcoin after a sharp sell-off at the $100,000 level.