Bitcoin remains under pressure amid weak market sentiment and persistent volatility. However, fresh on-chain data reveals that whales have accumulated over 30,000 BTC in the past week, signaling strategic positioning despite uncertainty. As institutional players take mixed approaches, the leading cryptocurrency appears to be entering a critical phase
Ali Martinez Highlights 30,000 BTC Whale Accumulation
In a recent X post, crypto market analyst Ali Martinez, revealed a massive accumulation trend among Bitcoin whales. Citing data from on-chain analytics platform Santiment, Ali reported that whales have accumulated over 30,000 BTC in the past week alone.
Interestingly, Martinez’s report comes shortly after Santiment disclosed additional insights into broader wallet behavior. According to the analytics firm, retail wallets holding less than 0.1 BTC have boosted their holdings by 2.5% since October 2025, signaling renewed grassroots confidence in Bitcoin.
However, Santiment also noted a contrasting trend among certain large holders. Wallets holding between 10 and 10,000 BTC have reduced their holdings by approximately 0.8% over the same period, highlighting a complex, mixed accumulation landscape.
Two New Whale Wallets Pull 1,051 Bitcoin Off Binance, Bybit, and OKX
Institutions Split as Strategy Buys and BlackRock Moves Funds
Despite the mixed outlook and recent whale purchases, BTC has also witnessed selective accumulation from institutional players. Corporate adoption remains active, even as broader market conditions have pressured prices lower. One notable example is Strategy. The firm has continued to increase its Bitcoin holdings despite sitting on a paper loss of over $6 billion amid the recent market dip.
In a recent X post, Michael Saylor, the company’s executive chairman, announced that the company had purchased an additional 2,486 BTC, worth approximately $168.4 million, bringing total holdings to 717,131 BTC. The acquisition underscores Saylor’s unwavering bullish stance and the firm’s long-term conviction in Bitcoin as a strategic treasury asset. In contrast, asset management giant BlackRock has reportedly been offloading portions of its crypto holdings.
Data from the blockchain analytics platform Arkham Intelligence shows that BlackRock recently moved 2,563 BTC, worth $173 million, and 49,852 ETH, worth $97 million, to Coinbase, likely positioning the assets for sale. The divergence between Strategy’s aggressive accumulation and BlackRock’s reported transfers highlights the ongoing uncertainty among institutional participants.
Bitcoin Price Action Shows Brief Relief Amid “Mild Winter” Narrative
Despite the notable on-chain and institutional activity, Bitcoin’s price action remains relatively subdued. According to CoinMarketCap, Bitcoin recently found some relief, climbing 1.2% over the past 24 hours to trade above $67,000.
The modest rebound offers short-term optimism following recent consolidation. However, the broader outlook remains cautious. In a recent interview, Saylor described the current market phase as a “mild crypto winter,” suggesting that while conditions are challenging, they are not comparable to the severe downturns of previous cycles.
He added that he expects a rapid recovery and significant price surge once the market regains momentum. Nevertheless, his characterization of the current phase as a “winter” implies that further downside pressure cannot be ruled out before Bitcoin embarks on its next major rally.
Thus, for now, BTC appears to be navigating a transitional phase, balancing whale and institutional activity against fragile sentiment, leaving the door open for both short-term volatility and long-term upside potential.
Evans Kelvin
The CoinRemark Team
