COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Finbold 2026-04-16 19:09:24

Bitcoin whales on a buying spree, triggering a supply squeeze

Bitcoin ( BTC ) whales, led by institutional investors, have accelerated their accumulation pace in the past few weeks through April 16.​ Over the past four days, Bitcoin whales acquired 10,000 BTC, valued at about $750 million, according to on-chain analytics from Santiment . As such, this group of investors increased their BTC holdings to 5.17 million coins, worth approximately $383.36 billion at press time. BTC held by whales. Source: Santiment The purchase acceleration coincided with renewed demand for U.S. spot Bitcoin exchange-traded funds (ETFs), led by BlackRock’s IBIT, as Finbold noted . During the past 30 days, BTC whales purchased around 270,000 units, according to an analysis by the Bitfinex crypto exchange. Whales accumulated 270,000 $BTC in 30 days, the largest buying spree since 2013. Exchange reserves are at their lowest since December 2017. The supply to meet new demand is shrinking 🤔 pic.twitter.com/F6Td5a5XcL — Bitfinex (@bitfinex) April 15, 2026 Bitcoin whales fuel a supply squeeze The recent surge in BTC demand from whale investors has triggered a supply squeeze across all cryptocurrency exchanges. Investors accelerated their BTC withdrawals from crypto exchanges in the last few weeks to reach a new year-to-date (YTD) low of roughly 2.68 million Bitcoins at the time of publication, based on data from CryptoQuant . ​ Bitcoin exchange supply YTD. Source: CryptoQuant Notably, Bitcoin investors have been accumulating relentlessly in the past two months, hence reducing the BTC exchange supply at a faster pace. Essentially, long-term Bitcoin investors have been buying the dip in anticipation of a near-term bull rally. What’s next for the BTC price? Following the sharp uptick in Bitcoin accumulation in the past 30 days, the BTC price has attempted a reversal. The flagship coin rebounded from its lows of approximately $65,000 to reach a local high of $75,000 this week. BTC/USD 30-day performance. Source: Finbold However, BTC price recently faced significant resistance around $75,000, which can only be broken by a sustained whale accumulation. The post Bitcoin whales on a buying spree, triggering a supply squeeze appeared first on Finbold .

La maggior parte ha letto le notizie

coinpuro_earn
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta