Whales Accumulate $3.6B Bitcoin Amid Trump Tariff Pause

Bitcoin (BTC) has exhibited signs of sustained upward momentum over the past 48 hours, driven by positive macroeconomic sentiments following President Trump's announcement of a 90-day pause on tariffs. This development has led to a surge in whale holdings and other bullish movements, igniting optimism in the crypto markets.

The largest single-day inflow of Bitcoin into accumulation addresses since February 2022 was recorded, with whales purchasing 48,575 BTC, worth approximately $3.6 billion. This significant inflow is indicative of soaring institutional demand and has the potential to shape the wider market's direction, attracting retail participants. The previous large inflow occurred on February 1, 2022, when accumulation addresses picked up 95,000 BTC at a price of $38,400.

President Trump’s increased tariffs on China created a favorable opportunity for whales to buy during the dip. The ongoing US-China trade war has had a significant impact on global trades, affecting crypto assets. Bitcoin's price dropped 23% from an all-time high above $109k to $82k due to increased sell pressures. However, the recent turnaround has led to substantial accumulations and signs of longer-term holdings. Within 48 hours, several traders moved assets off exchanges to other custodians, signaling improved market sentiments. Institutional investment in Bitcoin products also jumped, taking the price up 7%.

Whale purchases were not limited to Bitcoin; they were also dominant in altcoins, driven by Bitcoin’s rally. Traders of XRP, Solana, and Ether bought large amounts of assets, erasing losses seen earlier in the week. At the time of writing, total assets gained 6% from their low point, with a market cap of $2.6 trillion.

Several on-chain metrics have signaled a continuing price uptick this month. Bitcoin’s long-term holders realized cap spiked this week, showing the level of bull sentiment in the market. This metric soared above $18 billion, the first time since September 2024. According to CryptoQuant researchers, a rising long-term holder (LTH) realized cap suggests that LTHs are buying and holding, indicating an accumulation phase. A declining LTH realized cap may indicate long-term distribution, where LTHs are taking profits. Given the rarity of this LTH realized cap change magnitude, it could mark a major inflection point in the market.

The recent inflow of over $3.6 billion into whale addresses is a clear indication of the bullish sentiment prevailing in the market. Whale addresses, known for holding large amounts of Bitcoin, are influential players in the market. Their actions can significantly impact Bitcoin's price, as their buying or selling activities can drive market trends. The substantial movement of funds into these addresses suggests that major players in the cryptocurrency market are optimistic about Bitcoin's recovery and potential for price appreciation.

The bullish sentiment among whales is not surprising, given the recent volatility in the cryptocurrency market. Bitcoin, like other cryptocurrencies, has experienced significant price fluctuations in recent months. However, the inflow of funds into whale addresses indicates that these large investors are confident in the long-term prospects of Bitcoin. They are likely betting on a recovery in the market, which could lead to a sustained price increase.

The actions of whale addresses are closely watched by market participants, as they can provide valuable insights into the overall sentiment of the market. The recent inflow of funds into these addresses suggests that large investors are optimistic about the future of Bitcoin. This bullish sentiment could lead to a broader market recovery, as other investors follow the lead of these influential players. The inflow of over $3.6 billion into whale addresses is a clear indication of the bullish sentiment prevailing in the market, and it could signal a potential price increase for Bitcoin in the near future.