Whales Bought 190,000 More BTC-Is the Bear Market Really Ending?

Whale accumulation is rising even while price remains under pressure

Whale balances now hold 3.06 million BTC, up from 2.87 million BTC in December 2025. That increase implies large holders have accumulated roughly 190,000 BTC during the downturn. With BTC still under pressure, the signal is not that a bottom is confirmed, but that stronger hands are continuing to absorb supply.

CryptoQuant's read: a late-stage bear-market pattern, not a reversal guarantee

CryptoQuant says this accumulation trend suggesting institutional confidence and potential long-term adoption. Its main point is more cautious than dramatic: the fact that whale balances have kept rising while prices weaken is the part that matters, because that behavior has historically can line up with market bottoms.

That still falls short of a clean bottom call. As CryptoQuant warns, it is not a definitive bottom, and investors should treat whale accumulation as one signal among many rather than proof that the bear market is over.