Bitcoin Whales Add 40,967 BTC as Price Nears $80,000

BlockBeats reported on April 25 that as Bitcoin moved closer to the $80,000 threshold, on-chain data pointed to aggressive accumulation by large holders, a pattern often seen around major market inflection points. Santiment data show wallets holding between 10 and 10,000 BTC have added about 40,967 BTC since April 10, worth roughly $3.17 billion. By contrast, smaller holders with under 0.1 BTC bought only around 46 BTC over the same period, valued at about $3.56 million. Santiment said this setup—large holders steadily accumulating while retail investors gradually take profits—has historically aligned with stronger medium- to long-term uptrends and can be among the clearest bullish signals. In trading, BTC climbed to $79,327 before easing to around $77,390, up about 8.6% over the past 30 days. Analysts say a clean break above $80,000 could revive sentiment and draw fresh inflows. Bitwise's Head of European Research added that institutional demand is accelerating sharply. Santiment also noted sentiment has shifted from "extreme pessimism" to "strong FOMO," while still sitting in the "fear" zone, suggesting the market has not yet fully overheated.