Bitcoin whales accumulate $11 billion in two weeks

[God Of Thunder]

You are not alone in this. Sometimes we sell our Bitcoin only to see it become more bullish. We can't keep regretting our actions all the time. Bitcoin is truly unpredictable.

Yeah, I know that I am not alone. I even made fun of it, asking people to send me money, and I would change the market movement for them. Because I knew that if I sold my Bitcoin, the market would start to move forward. Everyone knew I was kidding. But my jokes actually prove how confident I am with my prediction.

Yes, Bitcoin is totally unpredictable. We do not know which real-life event will cause major movement on the crypto market. Seems like some wars are coming in the future and the market may start dumping.

[Azharul]

Regardless of the current correction, whales keep buying while some people sell out of fear (or simply because they need to pay the bills... happens to me a lot).

There are many of us who sell at the time when we need to buy. Those who are whale investors usually wait for opportunities. As soon as the market decreases slightly, they try to fill their bags. They know that the market will recover again and they will profit there. Whale investors usually profit more for this reason. They take appropriate decisions according to time. Those who hold Bitcoin for the long term will definitely profit even after a long period of time. That is why it is better to just hold it.

Actually, your comment is appropriate in this market conditions. So i am also agree with your best opinion. We also know that cryptocurrency market always depending on up and down. So if we could understand easily in this situation, i think that it must be helpful for all cryptocurrency users. So i am also saw that every professional trader or investors look down market for buy cryptocurrency and sell this crypto in up market. But i think that some new cryptocurrency users don’t have sufficient knowledge for cryptocurrency trading or investment. So i think that it will be best learning issues for them.

[Classickitana]

That is very huge amount guys for us. But whales have so much money that they don't care.
They have so much that we cannot even imagine. So I will say we should focus ourselves and do best we can do.

[Forsyth Jones]

Good evening friends, how are you guys feeling about the market? We are at 85K now. If Bitcoin follows the M2 Global Liquidity index, BTC will have a target of around $130,000, I believe this will be the last leg up in this bull run, what about you?

This is the Bitcoin chart and the M2 that is rising without precedent... Does this make you excited? Can I open my long again lol? 

[Faisal2202]

According to Glassnode in its post on X, over the past two weeks (March), whales have bought around 129,000 BTC for $11.2 billion.

This is the most significant purchase since August 2024, signaling enormous confidence. Is this just a conviction buy or do they know something more?

Regardless of the current correction, whales keep buying while some people sell out of fear (or simply because they need to pay the bills... happens to me a lot).

For example, it's common for Bitcoin to be dropping or falling significantly exactly when I need it the most hehe.

How are you feeling about the market, does this change anything for you?

You are right, market dumps at the wrong time, I mean when we have to pay bills or some event comes up that requires us to have money. Although I don't depend on my investments from the start, because I was given the knowledge from the BTT forum that we should keep investment money aside, keep some stable currency aside to take more entries, and keep some extra money for bad times.

Emergency funds are necessary for every investor, and the rule is to never touch them for small things like paying bills and attending weddings.

Speaking of $11 billion investment in BTC in just 2 weeks, that is really surprising. BTC was cheap so everyone tried to fill their bags.

[Forsyth Jones]

You are right, market dumps at the wrong time, I mean when we have to pay bills or some event comes up that requires us to have money. Although I don't depend on my investments from the start, because I was given the knowledge from the BTT forum that we should keep investment money aside, keep some stable currency aside to take more entries, and keep some extra money for bad times.

Emergency funds are necessary for every investor, and the rule is to never touch them for small things like paying bills and attending weddings.

Speaking of $11 billion investment in BTC in just 2 weeks, that is really surprising. BTC was cheap so everyone tried to fill their bags.

I understood one thing, Bitcoin always corrects, no matter how much it appreciates, there is always a correction of 20 - 50% of the Fibonacci movement. So to avoid things like this happening, I will no longer buy Bitcoin all at once, but divide the amount into weeks, doing the good old DCA. That way I'll have both money to take advantage of the drops and money in fiat available to pay for unexpected expenses.

[bayu7adi]

But why at the ATH in January 2025 yesterday the BTC asset position did not seem to be in favor of whales... did I read the chart provided by glassnode upside down? Or maybe someone might understand this movement better?
I can't believe this is a movement that will lead to asset growth, so I doubt it... instead of making a hasty decision I prefer to wait a few more weeks to see the market response to the whales' movement in...

[bitterguy28]

I understood one thing, Bitcoin always corrects, no matter how much it appreciates, there is always a correction of 20 - 50% of the Fibonacci movement. So to avoid things like this happening, I will no longer buy Bitcoin all at once, but divide the amount into weeks, doing the good old DCA.

fibonacci pattern is used for us to find resistance or support levels in the market these levels allow to assume a price where it might bounce back so if you are planning to do dca then it will be helpful to learn about the fibonacci sequence and apply it to bitcoin as well

That way I'll have both money to take advantage of the drops and money in fiat available to pay for unexpected expenses.

dca is also less risky as you can redistribute your money should the price most preferrable be reached

[babo]

blue line long open, red line bitcoin price

a user that i respect a lot, plutosky says that this is the sign that whales are accumulating bitcoins underneath, what do you think about it?
Do you think they are stockpiling for a price explosion?

[Faisal2202]

I understood one thing, Bitcoin always corrects, no matter how much it appreciates, there is always a correction of 20 - 50% of the Fibonacci movement. So to avoid things like this happening, I will no longer buy Bitcoin all at once, but divide the amount into weeks, doing the good old DCA. That way I'll have both money to take advantage of the drops and money in fiat available to pay for unexpected expenses.

That's a good plan and if our plan is to accumulate for long term then this is the best method, buy when it dumps, don't sell of course, and again buy at any dump. I bought at a good average rate as I also did DCA so even market drops to 40$ I will be at profit. A lot of people would be in profit still at that rate.

Although it is sometimes about booking, needing money etc. at such cases it can be hard to manage funds with stable source of income we can manage it. Overall, in accumulation, we don't have to do Lump Sum.

[Kemarit]

blue line long open, red line bitcoin price

a user that i respect a lot, plutosky says that this is the sign that whales are accumulating bitcoins underneath, what do you think about it?
Do you think they are stockpiling for a price explosion?

They might be right after all as we have seen the price going up to $95,000. So it looks like this whales some seen something that we ordinary average joe investors didn't see.

And so with that if he really invested $11 billion then he could be up by 10% already from that.

Big numbers for him or if they are a collective whales. And if by chance the price hits 6 digits again, it's already a big profit from them.

[babo]

blue line long open, red line bitcoin price

a user that i respect a lot, plutosky says that this is the sign that whales are accumulating bitcoins underneath, what do you think about it?
Do you think they are stockpiling for a price explosion?

They might be right after all as we have seen the price going up to $95,000. So it looks like this whales some seen something that we ordinary average joe investors didn't see.

And so with that if he really invested $11 billion then he could be up by 10% already from that.

Big numbers for him or if they are a collective whales. And if by chance the price hits 6 digits again, it's already a big profit from them.

in the meantime we are back to 94k again
I'd say that graph makes a lot of sense if we think about it a lot.
I don't know what the price will do now, it's very fun to speculate but in my opinion a lot depends on whether the FED lowers rates or not
this is definitely the watershed

[Baofeng]

blue line long open, red line bitcoin price

a user that i respect a lot, plutosky says that this is the sign that whales are accumulating bitcoins underneath, what do you think about it?
Do you think they are stockpiling for a price explosion?

They might be right after all as we have seen the price going up to $95,000. So it looks like this whales some seen something that we ordinary average joe investors didn't see.

And so with that if he really invested $11 billion then he could be up by 10% already from that.

Big numbers for him or if they are a collective whales. And if by chance the price hits 6 digits again, it's already a big profit from them.

in the meantime we are back to 94k again
I'd say that graph makes a lot of sense if we think about it a lot.
I don't know what the price will do now, it's very fun to speculate but in my opinion a lot depends on whether the FED lowers rates or not
this is definitely the watershed

And with that, for now we can say that somewhat a bullish trend is build already.

So for that whales it means profits. We really don't know the price movement, very unstable and unpredictable. When is the news though that FED is going to lower or cut the rates?

[Cryptochamp1]

According to Glassnode in its post on X, over the past two weeks (March), whales have bought around 129,000 BTC for $11.2 billion.

This is the most significant purchase since August 2024, signaling enormous confidence. Is this just a conviction buy or do they know something more?

Regardless of the current correction, whales keep buying while some people sell out of fear (or simply because they need to pay the bills... happens to me a lot).

For example, it's common for Bitcoin to be dropping or falling significantly exactly when I need it the most hehe.

How are you feeling about the market, does this change anything for you?

Could this be the reason why price trend is decent?

[Forsyth Jones]

Do you think they are stockpiling for a price explosion?

We have been below 100K for a long time, BTC failed to break the 100k region (maximum of 108K) at first, so investors, whales and miners chose to take profits, we also had Trump's tariffs that caused panic in the market, maybe it's time for a turnaround.