Bitcoin Whales Are Back: 104K BTC Added As $1M Transfers Surge
Whale-sized Bitcoin holders are piling up more coins even as prices wobble. According to blockchain tracker Santiment, wallets holding at least 1,000 BTC added 104,340 BTC in recent weeks.
On-Chain Strength Versus Headlines
A growing stash by big holders can support a future rally if external stress eases. Yet prices move on more than Bitcoin flows. Large transfers and rising accumulation mean demand exists under the surface, but that demand has yet to fully push the market higher.
Macro Risks And Market Jitters
Geopolitical worries are casting a long shadow. Reports say US President Donald Trump has moved warships toward areas of tension, and prediction markets show a significant chance that the US could strike Iran by June.
Trade friction with Canada over recent auto rules has raised fresh political noise, and Polymarket shows the probability of a US government shutdown above 70%. These are real risks that can lift oil, rattle markets, and sap appetite for risk assets.
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Featured image from Unsplash, chart from TradingView
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