- Whale accumulation rises as institutional investors buy while retail traders panic-sell signaling possible bullish momentum
- Historical trend repeats with past whale accumulation leading to price surges and recent spikes, suggesting Bitcoin could move upward
- Market volatility ahead with trading volume and open interest indicating consolidation, but rising whale activity may trigger sharp moves
According to Crypto Rover’s data, institutional investors in Bitcoin are buying more, while retail traders are panic-selling. This is a decisive moment for the direction of the price of Bitcoin. There is a strong correlation between whale behavior and price surges.
Whale Accumulation Signals Bullish Momentum
A spike in whale accumulation in March 2025 is confirmed by the most recent Glassnode data. Whale positions used to oscillate between distribution and accumulation, indicating market turbulence. The most recent data, however, indicates a rise in whale holdings. This pattern suggests possible upward movement because it is consistent with previous bullish cycles.
Between July 2023 and March 2024, Bitcoin accumulation by whales caused bullish momentum. Price-wise, Bitcoin withstood minor sell-offs to move higher. The price of Bitcoin moved higher from about $20,000 in mid-2023 to higher prices seen in 2025, as shown by the black line.
From September 2024 to early 2025, market activity remained relatively stable. However, the recent increase in whale accumulation marks a shift from the previous neutral phase. If history repeats itself, this pattern could trigger another price surge. Large investors seem to anticipate a major rally, accumulating heavily at this stage.
Trading Volume and Open Interest Insights
Besides whale activity, trading volume and open interest provide critical insights. The highest trading volume occurred on February 25, reaching approximately 42,000. Other major spikes appeared on February 21 and 26, each surpassing 30,000.
But from the 5th to the 19th, the trade volume remained at a significantly lower level, well below 15,000 units. Market trading volume re-entered the band between 15,000 and 21,000 from March 20. Open interest was on a slight downtrend but remained slightly above the 27,000 to 30,000 range.
These metrics suggest a period of consolidation before the recent whale accumulation. The market could be on the verge of increased volatility. If whales continue accumulating, Bitcoin’s price may see further upward momentum.
