April 1, 2025
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Bitcoin Whales Accumulate 65,000 BTC Amid Market Downturn

Web Desk04 mins
While panic selling has driven Bitcoin’s price below $80,000, large holders—known as whales—have seized the opportunity, aggressively accumulating over 65,000 BTC in the past month, according to on-chain data from CryptoQuant shared on March 11, 2025.

As Bitcoin struggled near the $80,000 mark, dropping to an intraday low of $76,780 before slightly recovering to around $81,220 by 11:40 a.m. Eastern Time, these whales capitalized on a 16% pullback over the last 30 days, buying at discounted prices despite widespread selling pressure. This accumulation pattern suggests strong upside demand from major investors, often a bullish signal in crypto markets, reminiscent of the buying spree that preceded last November and December’s bull run.

However, the market remains volatile, with downside risks persisting due to several factors. Bitcoin miners, facing financial pressure from rising costs and declining profitability, have become “forced sellers,” offloading more BTC to cover expenses as the price dips. This selling pressure, combined with macroeconomic uncertainty—such as Trump administration tariffs on major trading partners like Mexico, Canada, and China—has fueled market jitters and stalled Bitcoin’s key bounces, including at the psychological $100,000 level after hitting an all-time high of $109,000.

Analysts warn that Bitcoin could face further declines, potentially retesting support levels below $78,000 or even dropping to $75,000, with some, like market expert Arthur Hayes, suggesting a possible revisit to the $70,000 range—a 36% correction from its peak, which Hayes deems normal in a bull market. Stay informed on Bitcoin price trends with Crypto Market Insights on news.thecoininfo.com, and explore in-depth analysis on The Coin Info Hub at thecoininfo.com.

Despite the bearish short-term outlook, Hayes remains optimistic long-term, viewing the current dip as a buying opportunity for patient investors. He advised on X, “Traders will try to buy the dip, if you are more risk averse wait for the central banks to ease then deploy more capital. You might not catch the bottom but you also won’t have to mentally suffer through a long period of sideways and potential unrealized losses.” For crypto investors, whale accumulation signals potential recovery, but the market’s trajectory hinges on whether demand can outweigh miner sell-offs and broader economic pressures, including Federal Reserve caution on interest rates. Whether Bitcoin stabilizes above $80,000 or slides further, this moment underscores the crypto market’s volatility and opportunity, with resources like Crypto News Updates on news.thecoininfo.com keeping you updated on this pivotal shift.

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