Bitcoin Whales Gobble 248K BTC in July 2025—$200K Target Now in Sight
Whales are feeding. The crypto elite just vacuumed up 248,000 Bitcoin this month—enough to make even Wall Street's HFT algos blink. Are they seeing something retail isn't?
Bullish signals flash as accumulation spikes
When whales move, the market listens. This month's 248K BTC buying spree marks the most aggressive accumulation since the 2024 halving. Traders are now watching key resistance levels like hawks tracking prey.
The $200K psychological barrier looms
With institutional custody solutions maturing and macro uncertainty driving demand, that fabled $200K price target no longer looks like hopium. Though let's be real—if Bitcoin hits it, CNBC will still call it a 'bubble' while quietly adding BTC futures to their retirement portfolios.
Smart money's betting big. Again.
Long-Term Holders Step Up Accumulation
Bitcoin wallets known for never selling have added about 248,000 BTC this month, according to data from CryptoQuant. These addresses are called “accumulators” because they only receive Bitcoin and have no record of moving units out.
The monthly average sits closer to 164,000 BTC, which means most of the recent buying happened in just a few weeks. At current prices, this stash is worth around $30 billion. It shows that some players are adding to their holdings even as bitcoin trades near all-time highs.
Caution Remains If Prices Pull Back
If Bitcoin enters a correction or moves sideways for a while, some of these wallets may start selling. That WOULD pull out their accumulator status and might result in a new supply in the market. Meanwhile, most of them are clinging.
This pattern signals a strong interest in holding BTC long term, even as price swings remain sharp. It’s not a guarantee of future price moves, but it adds context to recent demand.
At the same time, big trades over $1 million are showing short exposure. Joao Wedson from Alphractal says whales are currently leaning bearish based on tools that track volume and open interest.
If BTC whales are on the right path, I’m not sure…
But they’re clearly in Shorts!
The Whale Sentiment Position tracks cumulative positions over $1M across multiple exchanges, combining CVD (Cumulative Volume Delta) and Open Interest data.
It’s a powerful tool to… pic.twitter.com/97ze6rCMeB
— Joao Wedson (@joao_wedson) July 14, 2025
These tools help follow what large wallets are doing across exchanges. The mixed signals between whales and accumulator wallets show that not everyone agrees on what comes next.
Key Levels After Recent Price Drop
Bitcoin was trading around $116,500 at the time of writing. That’s a drop of 4.5% in 24 hours, but still up 8% over the last week. Analyst Ali Martinez said the price recently hit a target NEAR $121,000, with the next levels at $131,000, $144,000, and $158,000.
Some are pointing to a possible top around $200,000 later this year if the current chart pattern plays out. Nothing is certain, but the momentum remains strong for now.
Funds tied to crypto brought in $3.7 billion last week alone. That’s the second-biggest weekly inflow ever. Year-to-date inflows are now $22.7 billion.
