Bitcoin News

Story: Crypto Whales Add 190,000 Bitcoin Since December as Bear Market Bottom Signals Stack Up

By Sydney TheCMO

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Ethereum and XRP Whales Move Differently. Ethereum's whale picture is a bit more interesting. Wallets holding between 10,000 and 100,000 ETH…

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What the Realized Price Numbers Actually Mean. CryptoQuant puts a lot of weight on realized price as a bottoming metric.

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Supply Squeeze and What Comes Next. When whales accumulate at this scale, the floating supply of an asset tends to shrink.

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Large holders are buying. Hard. Bitcoin whales — excluding exchanges and mining pools — have pushed their collective stash from roughly 2.

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The accumulation picked up speed after Bitcoin fell under $60,000 in June. That price drop, which rattled a lot of smaller investors, seems to have been a buying signal for the…

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Ethereum's whale picture is a bit more interesting. Wallets holding between 10,000 and 100,000 ETH have reached a record 19.6 million ETH combined.

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Bitcoin's situation looks different. It's trading at $63,935, sitting above its realized price of $52,900. So the average holder is technically in profit.

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XRP is its own story. The token is trading around $1.10 to $1.20, against a realized price of about $0.75 — meaning most XRP holders are sitting on gains.

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CryptoQuant puts a lot of weight on realized price as a bottoming metric. The logic is pretty straightforward: when an asset trades below the average price at which coins last…

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Ethereum fits that pattern right now. Bitcoin doesn't quite — it's above realized price — but that doesn't mean it's immune to further downside. CryptoQuant was clear about that.

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More context: Coldcard Firmware Bug Drains $116M as Bitcoin Holds Near $64,000

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Other researchers are seeing similar signals. 10x Research said Bitcoin might confirm a bear market bottom if it closes a full month above $63,000.

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None of these signals are guarantees. Bear markets can grind lower for longer than anyone expects, and whale accumulation doesn't automatically mean prices are about to reverse.

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When whales accumulate at this scale, the floating supply of an asset tends to shrink. Fewer coins available on exchanges means less liquidity for sellers to push prices down…

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Still, the pattern CryptoQuant is tracking across Bitcoin, Ethereum, and XRP at the same time isn't something that happens every week.

The Currency Analytics

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