Bitcoin Whales Quietly Accumulate $1.2 Billion Amid ETF Inflows

Large Bitcoin holders, often referred to as whales, have been quietly accumulating over $1.2 billion worth of BTC in recent weeks, despite a lackluster market performance.

The accumulation is happening at a time when U.S.-listed spot ETFs are pulling in significant inflows, with over $754 million flowing into these funds in the same period.

This divergence between cautious retail sentiment and deep-pocketed accumulation is becoming increasingly apparent, with whales scaling up their holdings in anticipation of potential market movements.