- Bitcoin whale and shark wallets now hold 13.45M BTC after adding 53.6K since March, showing renewed confidence amid April volatility.
- These large holders control 67.77% of Bitcoin’s supply, driving accumulation trends while prices remain steady above $83,000.
- Bitcoin’s rising price and whale accumulation align closely, reflecting bullish sentiment and tightening supply among top stakeholders.
Key Bitcoin stakeholders holding between 10 and 10,000 BTC have ramped up their accumulation, reaching an all-time high of 13.45 million BTC. These whale and shark wallets now control 67.77% of the total circulating supply, according to Santiment data. Since March 22, 2025, these addresses added 53,652 BTC. Consequently, this accumulation trend aligns with Bitcoin maintaining prices above $83,000 throughout April. The latest snapshot shows Bitcoin trading at $85,167.58 as of April 18.
Moreover, Santiment’s data visualizes this consistent uptick in holdings from January through April 2025. The green trendline highlights an upward trajectory that began in mid-March. Accumulation stayed flat in February, but March and April saw renewed momentum. The vertical green bars reflect this intensity, with taller bars indicating higher wallet inflows in recent weeks.
Key Stakeholders Signal Long-Term Market Confidence
Besides simply hoarding, these wallets reflect strategic long-term plays. These whale and shark wallets exclude large institutional custodians, focusing on proactive private players. Their accumulation sends a strong signal of confidence. These wallets added over 53.6K BTC in under four weeks, despite ongoing volatility.
Consequently, the uptick in wallet balances may impact market liquidity. As more BTC gets locked in large addresses, the available supply tightens. This often leads to price resilience or upside momentum. The market has witnessed Bitcoin’s price fluctuate between $75,000 and $95,000 in the same period. Price stability has held despite broader crypto market swings.
Whale Accumulation Patterns Track With Bitcoin Price Stability
Additionally, the holding trend and Bitcoin price appear to move in sync. The dual-layer view confirms this correlation. While price remains strong, holdings continue to rise. These two metrics typically reflect mutual market sentiment. The longer large holders stay active, the more bullish the overall outlook becomes.
The 13.45 million BTC now held by whales and sharks represents a dominant share of supply. This behavior suggests long-term conviction in Bitcoin’s trajectory. As accumulation intensifies, these market giants help set the tone for broader retail participation and overall crypto sentiment.
