Bitcoin Whales Accumulate 45,000 BTC as Warsh and Paparo Back Bitcoin’s Role
Bitcoin traded near $76,000 on Tuesday morning as fresh on-chain data revealed that the cryptocurrency’s largest holders have been accumulating at their fastest pace in over a year — a confluence of whale demand and easing geopolitical risk that is reshaping the near-term price picture.
Separately, Admiral Samuel Paparo of U.S. Indo-Pacific Command told the Senate Armed Services Committee that Bitcoin is a “valuable computer science tool as power projection,” describing it as a peer-to-peer, zero-trust system with strategic implications.
He emphasized its underlying cryptographic architecture and suggested that Bitcoin-related technologies could influence both offensive and defensive cyber capabilities, as well as broader instruments of national power.
Taken together, the remarks reflect growing institutional acceptance of Bitcoin and digital assets across both financial and national security domains. Warsh’s framing highlights normalization within U.S. markets and policy circles, while Paparo’s comments point to the conversation on defense strategy.
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