Bitcoin Whales Accumulate 19,255 BTC Amid Trump's Tariff Cut Announcement

Bitcoin has experienced a significant surge in exchange outflows, reaching levels not seen in over two years. This development comes as positive sentiment returns to the market, driven by Donald Trump's announcement of plans to reduce tariffs on China, suggesting a potential end to the tariff wars that began in January 2025. This optimistic outlook has prompted Bitcoin whales to make substantial moves, accumulating almost 20,000 BTC.

According to on-chain data tracking platform, more BTC has been flowing out of exchanges at a rate not seen in two years. This data, analyzed on a 100-day moving average basis, indicates that net flows have decreased significantly over the past year, reaching levels last seen in January 2023, following the FTX crypto exchange collapse. The low net flows suggest that Bitcoin investors are choosing to accumulate rather than sell, withdrawing their holdings from exchanges into private storage in anticipation of higher prices.

This trend of high outflows from exchanges indicates a re-accumulation of assets by investors. The recent price rise in Bitcoin appears to be driven by bulls who have taken advantage of the reduced price to accumulate large amounts of BTC in a short period. Investors holding between 10 and 10,000 BTC have added 19,255 more BTC to their balances in just seven days, seizing the opportunity to secure profits quickly. At the time of writing, the Bitcoin price was trending around $94,578, demonstrating strong staying power from the bulls.