{"id":22481,"date":"2025-03-27T17:10:52","date_gmt":"2025-03-27T15:10:52","guid":{"rendered":"https:\/\/forklog.com\/en\/whales-acquire-11-billion-in-bitcoin\/"},"modified":"2025-03-27T17:10:52","modified_gmt":"2025-03-27T15:10:52","slug":"whales-acquire-11-billion-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/whales-acquire-11-billion-in-bitcoin\/","title":{"rendered":"Whales Acquire $11 Billion in Bitcoin"},"content":{"rendered":"<p>Large holders have acquired over 129,000 BTC in the past two weeks, according to analysts at Glassnode.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The 30D position change for whales shows they\u2019ve added +129K BTC since March 11 \u2014 with momentum picking up sharply over the past 2 days. That\u2019s the largest accumulation rate since late August 2024, signaling growing confidence from large players. <a href=\"https:\/\/t.co\/hRFC4rDM8L\">pic.twitter.com\/hRFC4rDM8L<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1904911211990257945?ref_src=twsrc%5Etfw\">March 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The total purchase value amounted to $11.2 billion at a Bitcoin price of $87,500. This marks the fastest accumulation rate since August 2024.<\/p>\n<p>Glassnode noted that the increase in reserves demonstrates the confidence of major market participants in the prospects of the leading cryptocurrency, despite ongoing macroeconomic uncertainty.<\/p>\n<p>Since the beginning of March, Bitcoin has recovered from levels below $78,000. The market was supported by statements from the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span> about potential policy easing, as well as optimism surrounding upcoming tariffs, which are likely to be more lenient than expected.<\/p>\n<p>The activity of whales contrasts with the actions of smaller investors, who continue to reduce their positions. Additionally, analysts note a growing share of long-term holders. <\/p>\n<p>The Bitcoin 1Y+ HOLD Wave indicator, tracked by <a href=\"https:\/\/charts.bitbo.io\/1y-hodl-wave\/\">Bitbo Charts<\/a>, shows an increase in the number of bitcoins that have not moved for over a year.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/graph-1024x576.png\" alt=\"graph\" class=\"wp-image-255088\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/graph-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/graph-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/graph-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/graph.png 1155w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Bitbo Charts.<\/figcaption><\/figure>\n<p>Glassnode&#8217;s analysis confirms that whales tend to <span data-descr=\"long-term holding of an asset, regardless of market conditions\" class=\"old_tooltip\">HODL<\/span> even amid global market uncertainty.<\/p>\n<p>Back in February 24, experts at 10x Research <a href=\"https:\/\/forklog.com\/en\/news\/report-institutional-demand-for-bitcoin-overstated\">stated<\/a> that the actual institutional demand for Bitcoin is exaggerated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Large holders have acquired over 129,000 BTC in the past two weeks, according to analysts at Glassnode. The 30D position change for whales shows they\u2019ve added +129K BTC since March 11 \u2014 with momentum picking up sharply over the past 2 days. That\u2019s the largest accumulation rate since late August 2024, signaling growing confidence from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1273,1156,1145],"class_list":["post-22481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-glassnode","tag-institutional-investors-and-whales","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"70","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22481"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22480"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}