NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Whales Accumulate $726 Million In Bitcoin, Report Shows

Ana N.
Ana N.
1 year ago
2 mins read
Whales Accumulate $726 Million In Bitcoin, Report Shows

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin and the crypto market have been of late seeing most prices of crypto in red, with little hope for an uptrend, at least based on charts. The past few weeks have seen growing fear and doubt about the asset class.

However, despite the recent trend in the market, the primary crypto asset, Bitcoin, is recording an increase in whale transactions. The big shots have gathered more BTC in the past fortnight, valued at hundreds of millions of dollars.

Related Reading

Bitcoin falling after Binance rumors

Bitcoin Plummets Below $17,000 After Audit Firm Mazars Pauses Work For Binance

1 year ago

Bitcoin Gets Massive Whale Accumulation

According to data from Santiment, a crypto analytics firm, whales have accumulated more Bitcoin tokens over the past nine days. It noted that the value of the crypto is worth over $726 million in the current market exchange rate.

Santiment reported that Bitcoin’s addresses holding between 100 to 10,000 BTC tokens are still purchasing more. Furthermore, the firm mentioned that these addresses had witnessed rapid growth over the three weeks.

The analytics company cited that about 159 new addresses have been holding between 100 to 10,000 BTC over the last three weeks. According to the data, this is the fastest growth such addresses have experienced in 10 months.

A swing in the addresses could be linked to FUD (fear, uncertainty and doubt) brought about by the ongoing Russia-Ukraine war.

At the time of writing, Bitcoin is trading at $16,745. Its market cap is $326.65 billion, and its dominance over altcoins is 39.64%.

Whales Accumulate $726 Million In Bitcoin, Report Shows
Bitcoin slips below $17,000 l BTCUSDT on Tradingview.com

Whales Pick Top Stablecoins

The analytics firm noted that stablecoins had also caught the whales’ interest. As a result, they are buying the top stablecoins, which include USDT, DAI, and BUSD.

Whales Accumulate $726 Million In Bitcoin, Report Shows

Santiment mentioned that the whales’ addresses that picked on Tether (USDT) and Binance USD (BUSD) have coins worth between $100,000 and $10 million. It gave a combined purchase of about $922.4 million for the two stablecoins by the whales within the past three days.

On separate records, Tether’s top addresses have accumulated a collective value of $817.5 million USDT coins. The deal represents more than a 7% surge in their holdings before December 10, 2022.

Related Reading

Cardano

What’s Next For Investors As Cardano Threatens To Slip Further?

2 years ago

For Binance USD (BUSD), the key addresses accumulated a collective value of $104.9 million for the coin. This is a significant buying power within the past three days. Moreover, it represents a 9% increase in their holdings before December 10, 2022.

Tweet123Share196ShareSend
Ana N.
Ana N.

Ana N.

Passionate Writer and Blockchain fanatic.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin’s True Value Is Higher Than $110,000, Expert Warns

Bitcoin’s climb past $110,000 this week has reignited a fresh round of bullish calls. Prices hit $110,150 on July 3...

Christian Encila 4 hours ago
Bitcoin

Bitcoin Consolidation Continues: 2 Key Support Levels To Watch

Bitcoin (BTC) prices showed a sideways movement in the past day producing no significant changes. Following the recent rejection at...

Semilore Faleti 6 hours ago
DOGE

DOGE Bulls Hold The Line At $0.15 — Is The Rally Still Alive?

Dogecoin (DOGE) prices have crashed by over 4% in the past month indicating a slightly dominant bearish influence in recent...

Semilore Faleti 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

Christian Encila 22 minutes ago
Bitcoin

Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So

Opeyemi Sule 1 hour ago
Bitcoin

Bitcoin Must Hold $106,000 And $98,000 To Avoid Breakdown

Scott Matherson 3 hours ago

Premium Sponsors

Press Releases

  • Cryptocurrency is the best way to get rich quickly, easily...

    15 hours ago
  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    22 hours ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    1 day ago
  • 3 altcoina koje vrijedi pratiti u prvom tjednu srpnja 2025

    1 day ago
  • XRP Bulls Are Soaring — FINDMINING Rides the Wave to...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.