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Bitcoin: 48,575 BTC Transferred In One Day – A Strong Signal From The Whales?

11h ago
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48,575 BTC moved in a single day: a rare, massive maneuver loaded with significance. On April 9, while trade tensions between Washington and Beijing reignite uncertainty, nearly $3.6 billion in bitcoin was transferred to accumulation wallets, marking a record volume since 2022. Behind this movement, strong signals are emerging: major investors seem to be betting once again on the market’s pullback to strengthen their position. This sequence could mark a strategic turning point.

Une baleine anthropomorphe observe ses pièces de Bitcoin dans un coffre-fort géant.

Accumulation wallets in motion: a record transfer of 48,575 BTC

On April 9, a total of 48,575 bitcoins were transferred to addresses identified as accumulation wallets, according to data from CryptoQuant. This represents the highest daily volume since February 1, 2022.

This transfer, estimated at a value of $3.6 billion, occurred against the backdrop of macroeconomic tensions marked by a resurgence in the trade rivalry between Washington and Beijing.

CryptoQuant explains that these wallets have not shown any significant selling activity for over seven years. They are exclusively used to accumulate bitcoin for the long term, without speculative behavior. “These wallets generally represent long-term investors or institutional entities“, indicates the analysis platform.

The timing of this movement is not accidental. Historically, these addresses show a marked tendency to buy during market downturns, suggesting an opportunistic reading of the bearish context.

The transfer occurred while the market was down 5% due to trade concerns, illustrating a counter-cyclical buying strategy. This operation confirms a recurring correlation: when traditional markets become turbulent, some players strengthen their positions in cryptos, perceived as safe havens.

Confidence signals and bullish projections on bitcoin

Beyond this spectacular accumulation, other indicators reinforce the idea of a renewed confidence in bitcoin’s fundamentals. On the same day, the number of wallets holding 10 BTC or more increased by 132 units, a sign that heavy investors are repositioning.

This growth in the number of whales occurs at a time when uncertainty reigns over traditional financial markets. These signals are often interpreted as precursors to a long-term bullish recovery.

The projections put forward by several influential figures in the sector align with this view. Charles Hoskinson, founder of Cardano, estimates that bitcoin could reach $250,000 by the end of the year.

This forecast, echoed in numerous market analyses, relies on several converging dynamics: increased institutional adoption, better-structured regulations, and a growing interest from emerging countries in cryptos as alternatives to weakened local currencies. “Adoption cycles are not linear, but the infrastructure is ready“, he stated.

While these massive movements can be interpreted as signs of conviction, they also highlight the increasing concentration of bitcoin in the hands of a few major entities.

This phenomenon raises questions about the market’s long-term resilience, especially in periods of heightened volatility. The future trajectory of bitcoin will therefore depend as much on macroeconomic signals as on how these large holders decide to manage their reserves. It remains to be seen whether this recent accumulation will be the prelude to a new sustainable bullish phase or merely a defensive reaction to the prevailing nervousness.

11h ago
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