Bitcoin Whales Pile In: 270,000 BTC Added in 30 Days as Exchange Reserves Hit Multi-Year Low
Large Bitcoin holders have accumulated about 270,000 BTC—valued at roughly $20.15 billion—over the past 30 days, according to CryptoQuant data. The scale of buying is described as the biggest accumulation wave since 2013.
Exchange-held BTC has also fallen to its lowest level since December 2017, indicating coins are being withdrawn into long-term storage. Historically, periods of tightening available supply have often come ahead of major price breakouts.