Bitcoin Whales Make Largest Buy Since 2022, Acquiring 48,575 BTC

2025-04-27 04:46

Newsroom

Why did Bitcoin's price exceed $94,000 recently?

Who are the major institutional investors increasing their Bitcoin holdings?

How much Bitcoin did 'whale' addresses purchase recently?

Bitcoin Whales Make Largest Buy Since 2022, Acquiring 48,575 BTC — Image source: Unblock Media

Bitcoin Whales Lead Market Surge by Purchasing 48,575 BTC
Bitcoin Price Surpasses $94,000

[Unblock Media] In April 2025, significant whale purchasing activities have been prevalent in the Bitcoin market. According to data from CryptoQuant, whale addresses accumulated 48,575 BTC, securing assets worth approximately $3.6 billion. This purchase marks the largest single-day acquisition since February 2022. [object Object]

Such large-scale purchases have contributed to raising the price of Bitcoin above $94,000. Data from Glassnode indicates a strong buying trend, with cumulative scores reaching 0.90 for wallets holding more than 10,000 BTC. Additionally, interest from institutional investors is growing. [object Object] This company is set to become the third largest Bitcoin holding entity globally, with over 42,000 BTC.

The whale purchases and institutional investor participation positively impact the Bitcoin market, contributing to price increases and heightened market confidence.