- Bitcoin’s price surge to $94,430.89 coincides with major whale wallets adding 19,255 BTC, marking record accumulation levels.
- Institutional and wealthy individual interest in Bitcoin has driven a significant accumulation trend, with wallets now holding 13.47M BTC.
- Despite short-term price fluctuations, key indicators show Bitcoin’s strong upward trajectory and continued bullish market sentiment.
The price of Bitcoin has increased by 11.2%, which is in line with the increasing collection of shark and whale wallets. During this time, wallets with 10–10,000 BTC added 19,255 BTC in total. As a result of this accumulation spike, the price of Bitcoin has increased from $84,900 to $94,430.89. The total amount of Bitcoin stored in these wallets is currently a record 13.47 million, or roughly 64% of the original amount.
Whale Accumulation Hits Record Levels
The information, which comes from Santiment shown on X Platform, shows that Bitcoin is becoming more popular among wealthy individuals and institutions. This pattern comes after the rise in the price of Bitcoin in early 2025, when wallet accumulation was stable before a period of more activity began. The surge in whale holdings during the past week shows a strong correlation with the price rebound. The 11.2% rise in Bitcoin’s price is a direct result of these major players adding more to their positions.
Bitcoin’s accumulation levels among these wallets are the highest ever recorded. These wallets now control more than 13 million BTC, with many owners believing the digital asset has the potential for further growth. Despite price fluctuations in the first quarter, the increase in whale accumulation supports a bullish market sentiment.
Price Action and Market Indicators
The latest Bitcoin price action from CryptoRank shows this growing optimism. Bitcoin stood at $93,980.47 as of April 25, 2025, with a slight drop of 0.35%. The overall trend, nevertheless, remains upward. Price highs of $94,444 were reached, although the market did experience some volatility along the way. The data shows steady growth with occasional corrections, most recently in March 2025.
Moreover, market indicators suggest that Bitcoin remains on a strong upward trajectory despite short-term corrections. The Accumulation/Distribution line shows consistent growth, and the On-Balance Volume (OBV) indicator, despite its volatility, has shown improvement from its March lows.
