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Bitcoin whales have accumulated approximately 43,000 BTC over the past 60 days, valued at $2.75 billion, ending months of selling

2026-08-19 12:42
Odaily News: Data from on-chain analytics platform CryptoQuant shows that large Bitcoin holders have accumulated approximately 43,000 BTC over the past 60 days, valued at around $2.75 billion. This group excludes exchange and mining pool wallets, and this accumulation marks the end of a net selling phase that had lasted for several months.

After Bitcoin fell to around $60,000, large holders resumed buying; since then, Bitcoin has rebounded to approximately $65,000, with trading mostly ranging between $62,000 and $65,000 in recent weeks.

During the same period, the balances of "dolphin" holders as defined by CryptoQuant also increased, indicating that accumulation is not limited to the largest wallets. Spot trading volume in August fell to its lowest monthly level since August 2021. (Bitcoin.com News)