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Chayanika Deka

Bitcoin Whales Boost Holdings to About 3.204 Million BTC as January Activity on Binance Climbs to 0.65

Bitcoin whales controlling between 1,000 and 10,000 BTC have stepped up accumulation, lifting their combined holdings to roughly 3.204 million BTC and marking the fastest buildup since 2024. In January, their share of trading activity on Binance rose to nearly 0.65, while 30‑day whale balances grew by about 152,000 BTC despite a BTC price drop of over 6% on January 30. Social media sentiment turned sharply negative after Bitcoin slid to below $82,000, a move some analysts link to conditions consistent with market capitulation.