Bitcoin Whales Scoop Up 43,000 BTC Amid Macro Headwinds

Large Bitcoin holders have accumulated a net ~43,000 BTC over the past 60 days, worth approximately $2.75 billion at current prices.

This buying wave began as Bitcoin stabilized near the $60,000 level and marks a strategic pivot back to position-building by the whale cohort after a prolonged period of distribution.

CryptoQuant data shows that balances held by small and mid-sized cohorts are also trending higher in tandem with large holders.

However, despite the encouraging on-chain accumulation signals, the macro and structural headwinds facing Bitcoin remain impossible to ignore.