New Bitcoin Whales Accumulate $63B in BTC, Fueling Supply Squeeze

Claire Tremblay
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3 Min Read

In a major accumulation trend, newly created Bitcoin whale wallets have acquired over 600,000 BTC—valued at approximately $63 billion—within the past three months. According to on-chain analytics firm CryptoQuant, this buying spree doubled their share of circulating Bitcoin supply from 2.5% to 5.6%, signaling potential market-tightening dynamics ahead.

New Bitcoin Whales Accumulate $63B in BTC, Fueling Supply Squeeze = The Bit Journal

Young Whale Wallets Drive Demand Surge

The wallets in question are characterized by two distinct factors: each holds over 1,000 BTC and has an average coin age of less than six months. This indicates that these whales are not legacy holders, but fresh capital entrants into the crypto ecosystem. From March 1 to June 4, 2025, these addresses accumulated BTC at an unprecedented rate, closely tracking the asset’s steady price increase during the same period.

The Bit Journal highlights that such synchronized accumulation is a strong signal of strategic positioning, possibly ahead of anticipated macroeconomic catalysts like interest rate cuts or institutional inflows via ETFs.

Three Key Implications for the Market

  1. New Market Sentiment: The rapid creation and activity of high-volume wallets suggest rising bullish expectations. These investors may be positioning for medium to long-term gains.

  2. Liquidity Compression: The absorption of freshly mined BTC by a concentrated group of holders reduces available supply, potentially amplifying upward price movements if demand persists.

  3. Institutional Readiness: Analysts suggest that this behavior could be linked to institutions or sophisticated investors preparing for ETF-related inflows or macro shifts in monetary policy.

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New Bitcoin Whales Accumulate $63B in BTC, Fueling Supply Squeeze = The Bit Journal
New Bitcoin Whales Accumulate $63B in BTC, Fueling Supply Squeeze 10

What Investors Should Watch Next

Monitoring fund flows from these young whale wallets will be critical in the coming weeks. Any movements toward exchanges could signal potential profit-taking, while further accumulation would reinforce the bullish case.

Additionally, spot Bitcoin ETF activity and derivatives funding rates will help determine if this trend is driven by institutional demand or speculative positioning. The Bit Journal notes that in past cycles, similar patterns preceded dramatic shifts in market structure, often catching retail investors off guard.

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Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Hello! I'm Claire, an associate news editor covering breaking news and writing articles about technology for different digital news channels. Currently, I live in Montpellier, France.I love teams. I love leading teams. I love motivating teams. Journalism, at its best, is a team pursuit. Over the years, I have had the privilege to be a key part of teams that have won Pulitzer Prizes, Peabody Awards and Emmy Awards. "Individually, we are one drop. Together, we are an ocean." – Ryunosuke SatoroAreas of journalism experience: News, Business, Blockchain, technology, Artificial intelligence (AI), Internet of things (IoT), Sports, Travel, Food & Wine, Outdoors.
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