Major whale continues active BTC accumulation through leading market makers

According to analysts at The Data Nerd, over the past two weeks, one of the largest Bitcoin holders has been actively increasing their positions. Address bc1q8 made a new purchase of 245 BTC through Galaxy Digital, worth approximately $16.8 million, continuing their strategy of systematic accumulation of cryptocurrency.

Large-scale acquisitions through well-known market makers

The whale’s activity shows a clear pattern of cooperation with two major market participants—Galaxy Digital and Wintermute. Over two weeks, the total acquisitions amounted to 495.3 BTC, with a total value of about $33.4 million. At an average purchase price of $67,430 per coin, the whale demonstrates a consistent approach to entering positions, avoiding sharp market jumps.

Using professional market makers indicates the large player’s effort to minimize price impact during such extensive purchases. Each transaction was executed to optimize the average entry price.

The significance of large holder activity for the market

The behavior of such a large whale is often seen as a confidence signal in the asset’s prospects. Systematic accumulation of BTC on this scale may indicate expectations of further price growth. At the same time, activity by major holders influences overall market liquidity and can serve as an indicator of upcoming price movements.

The current rise of BTC to $71,590 shows that the whale’s valuation at the time of purchase was conservative, and the position has been profitable in the short term.