Bitcoin Whales Accumulate $78K BTC as Market Tests Support Levels

Bitcoin whales are demonstrating remarkable conviction amid recent market volatility, with on-chain data revealing massive accumulation as BTC tests critical support levels. Recent price action has seen Bitcoin drop below key psychological levels, yet institutional investors appear unfazed by the turbulence.

Bitcoin Whale Accumulation Hits Perfect Score

According to data from Glassnode, Bitcoin’s Accumulation Trend Score has reached a perfect 1.0 reading, driven by aggressive buying from addresses holding over 10,000 BTC. This metric, which tracks the intensity of large holder accumulation, has maintained elevated levels for 15 consecutive days despite BTC’s price declining from $87,000 to current levels around $78,000.

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Institutional Demand Surges as 76 New Whales Enter Market

On-chain analyst Ali Martinez highlights a significant influx of institutional capital, with 76 new entities holding over 1,000 BTC emerging in the past two months – representing a 4.6% increase in major players. This surge in institutional participation comes as long-term holders demonstrate remarkable resilience at current price levels.

Market Implications and Technical Outlook

The contrast between whale accumulation and retail sentiment presents a compelling narrative for Bitcoin’s medium-term outlook. While smaller holders (1-100 BTC) show signs of capitulation with accumulation scores below 0.2, the sustained buying pressure from institutional players suggests strong underlying support at current levels.

FAQ Section

What is the Bitcoin Accumulation Trend Score?

The Accumulation Trend Score measures the relative size of entities accumulating Bitcoin on-chain. A score of 1.0 indicates the highest level of accumulation across all holder cohorts.

How significant is the current whale buying pressure?

The current accumulation phase marks one of the most intensive buying periods in 2025, with 15 consecutive days of elevated whale activity despite market volatility.

What does this mean for Bitcoin’s price outlook?

Historical patterns suggest that sustained whale accumulation often precedes significant price appreciation, though past performance doesn’t guarantee future results.