Bitcoin Mega Whales Are At It Again—Buying Big As Market Rallies!

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The so-called “whales” of the Bitcoin ocean have decided it’s time to feast again. Glassnode, the self-proclaimed oracle of the blockchain world, has made it clear: the big fish are back to their old tricks. This time, they’re scooping up Bitcoin like it’s going out of style. 🐋💰

Big Whales, Big Wallets, Bigger Moves

According to Glassnode’s latest tale from the crypto trenches, the infamous Accumulation Trend Score has been flashing a very loud signal: the mega whales are back in business. What’s that? Oh, don’t worry, the Accumulation Trend Score is just a fancy term for how much Bitcoin the rich folks are hoarding while the little guys panic-sell. Classic, right?

This little number doesn’t just look at whether Bitcoin is being bought or sold, it also takes a peek at the size of the wallets. You see, big wallets count more. So, if you’re holding a massive stash of BTC, guess what? Your buying and selling habits have a louder voice than the rest of us mere mortals.

When the score hits above 0.5, it’s like a “come join the party” sign for the big investors. The closer it gets to 1.0, the more enthusiastic they get, buying up BTC like there’s no tomorrow. In contrast, when it dips below 0.5, it’s the signal that these guys have had enough and are unloading their precious cargo. At 0, well, that’s the end of the world—Bitcoin’s getting dumped faster than a hot potato. 🍟🔥

So, why does it matter right now? Glassnode isn’t focused on the total market. No, no. They’re zooming in on the big kahunas—those holding at least 10,000 BTC. These “mega whales” aren’t just making waves; they’re creating tsunamis.

If you look at the chart (which we’ll spare you the trouble of reading in detail), it’s clear that the mega whales—those guys who can buy your house with their BTC change—stopped selling like the rest of the market and started gobbling up more Bitcoin. The Accumulation Trend Score for these folks shot up like a rocket, hitting a near-perfect 0.9. 🏠💸

Meanwhile, everyone else is still catching up. The sharks (100 to 1,000 BTC holders) are barely nudging their way to 0.5, but they’re still playing catch-up. And the minnows? Well, they’re still doing what minnows do best: panic-selling. 🐟

This isn’t the first time we’ve seen these mega whales pull this stunt. Back in December 2024, they started accumulating before the rest of the market caught on. It seems they have a habit of turning the tide before the smaller players realize the ship is sinking (or floating, depending on the price). ⛴️

Bitcoin’s Price: The Rollercoaster Continues

Bitcoin’s price had a wild ride, climbing above $94,000 before taking a little nap and resting at $92,600. Classic Bitcoin behavior. Up, down, and who knows where it’s going next. Hold on tight! 🎢💥

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2025-04-25 08:17