Spike in Bitcoin (BTC) Transactions by Whales: What’s the Sign?

Jakarta, Pintu News – Amidst the price fluctuations, large Bitcoin (BTC) holders or what are often referred to as ‘whales’ do not seem to stop adding to their holdings. Based on data from Santiment, wallets holding at least 1,000 BTC have added 104,340 BTC in recent weeks.

Bitcoin (BTC) Whale Raises the Stakes

The increase in the amount of Bitcoin (BTC) held by whales shows the patient buying strategy of these big players. Large transactions worth more than $1 million hit a two-month high, signaling a return to active participation on the Bitcoin (BTC) network.

According to Santiment, these transaction flows are often related to institutions and wealthy investors moving coins between depositories, exchanges, and personal wallets. This move could be part of a strategy or an attempt to secure their assets. This change in whale ownership could potentially alter the distribution of Bitcoin (BTC) supply in the market.

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Market Dynamics and Price Signals

Despite increased on-chain activity, Bitcoin (BTC) price has not shown a significant increase. Bitcoin (BTC) trading price was briefly in the range of $87,730, with intraday fluctuations between $86,500 and $87,500.

The major crypto asset recorded a drop of about 0.5% in 24 hours and about 5.4% during the previous week. However, trading volumes have increased, signaling that some investors are starting to enter at these price levels. This situation creates a mixed picture: on-chain accumulation suggests base formation, but macroeconomic news continues to keep markets on their toes.

Macro Risks and Market Jitters

Geopolitical concerns are having a significant impact. Reports suggest that US President Donald Trump has sent warships to a tense area, and market predictions suggest the US is likely to strike Iran before June.

Trade tensions with Canada over new automotive rules also added to the political noise. Polymarket shows the probability of a US government shutdown is above 70%. These risks could increase oil prices, destabilize markets, and reduce appetite for risky assets.

What to Expect?

Stock increases by large holders could support future rallies if external pressures ease. However, price movements are affected by more than just Bitcoin (BTC) flows. Despite large transfers and increased accumulation, this demand has not been fully able to push the market higher. Investors and market watchers should remain alert to this dynamic.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Whales Are Back: 104k BTC Added as 1M Transfers Surge. Accessed on January 27, 2026