Bitcoin Sharks Quietly Gobble Up 65,000 BTC in Massive Accumulation Frenzy
While traditional investors fret over quarterly reports, crypto's big players are making power moves that'd make Wall Street blush.
The Silent Feeding Frenzy
Bitcoin's major holders—those infamous 'sharks'—just snapped up a staggering 65,000 BTC without making waves. They're accumulating while everyone else debates inflation metrics and Fed statements.
Market Mechanics Shift
This isn't random buying—it's strategic positioning. These players know supply is tightening, institutional adoption's accelerating, and the traditional finance crowd remains painfully slow on the uptake.
Meanwhile, traditional finance experts are still explaining to clients what Bitcoin actually is—probably while missing the biggest wealth transfer of our generation.
Sharks drive accumulation
CryptoQuant’s latest report revealed that these mid-sized addresses now hold a record 3.65 million BTC. XWIN Research Japan, a CryptoQuant contributor, noted that the buying spree occurred even with spot prices hovering around $112,000, underscoring a growing divergence between short-term volatility and deeper structural demand.
Short-term holders back in profit
While conviction buyers moved quickly, speculative traders were slower to react. Short-term holders, those clinging to coins for six months or less, finally crawled back into profit last Friday. CryptoQuant data shows their Spent Output Profit Ratio (SOPR) flipped positive after nearly a month of bleeding coins on-chain at a loss, a reminder of how fragile retail conviction can be when volatility bites.
The takeaway
While small traders waver, mid-sized wallets have been quietly stacking 65,000 BTC in a week—proof that structural demand isn’t just alive, it’s flexing.
Long-term holders may still be sitting on their hands, but the FLOW of coins tells a different story: conviction capital is drowning out retail noise, and that imbalance could fuel Bitcoin’s next decisive leg higher.
Also Read: Bitcoin ETF Boom Hits A Wall As TradFi Lose Appetite