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Bitcoin Whales Accumulate ~43,000 BTC Over 60 Days, Worth $2.75 Billion, Ending Months of Selling

2026-08-19 12:42
Odaily News – According to data from on-chain analytics platform CryptoQuant, large Bitcoin holders have accumulated approximately 43,000 BTC over the past 60 days, worth about $2.75 billion. This group, which excludes exchange and mining pool wallets, has ended a months-long net selling phase with this accumulation.



After Bitcoin fell to around $60,000, large holders resumed buying; since then, Bitcoin has recovered to approximately $65,000, trading mainly in the $62,000–$65,000 range in recent weeks.



During the same period, 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)