Key Takeaways:
- A Bitcoin whale acquired 2,400 BTC worth $200M, reaccumulating after previously selling over 11,000 BTC.
- A dormant wallet holding 3,000 BTC ($250M) reactivated after 8 years, reflecting Bitcoin’s massive long-term gains.
- BlackRock added 4,054 BTC last week, and its iShares Bitcoin Trust (IBIT) led a $744M net inflow resurgence among U.S. spot Bitcoin ETFs.
Bitcoin whales are making waves amid the cryptocurrency’s ongoing rally.
On March 24, a whale purchased 2,400 BTC worth over $200 million, bringing their total holdings to more than 15,000 BTC—valued at $1.3 billion.
ARKHAM ALERT: BILLIONAIRE BITCOIN WHALE APPEARS TO HAVE JUST BOUGHT $BTC
— Arkham (@arkham) March 24, 2025
A $1B Bitcoin Whale just withdrew $200M of BTC this morning from Binance.
He started acquiring BTC 5 days ago after selling between $100K and $86K in February.
Address:… pic.twitter.com/YzmpWjdU0I
This comes shortly after the entity sold over 11,400 BTC earlier this year when prices peaked above $100,000.
Bitcoin has since rebounded, rising over 4% in the past week, with a 3% jump on March 24 alone.
In another significant move, a dormant wallet holding 3,000 BTC—worth around $250 million—was activated after eight years of inactivity.
$250M BITCOIN WHALE WAKES UP AFTER 8 YEARS
— Arkham (@arkham) March 22, 2025
A Bitcoin Whale that has held BTC since late 2016 has just moved over $250M in BTC last night.
His Bitcoin stack went from $3M in early 2017 to over $250M today – and he’s held Bitcoin on one address for over 8 years. pic.twitter.com/RF1aewYVgy
The wallet originally held just $3 million, showcasing Bitcoin’s long-term growth.
Institutional interest is also on the rise.
BlackRock, the world’s largest asset manager, added over 4,000 BTC last week, increasing its total to nearly 574,000 BTC, valued at over $50 billion.
Its iShares Bitcoin Trust (IBIT) saw a major rebound with $744.4 million in net inflows.
Ethereum is also experiencing whale activity. A major investor recently added 7,074 ETH, using leveraged strategies.
Meanwhile, ETH’s price fluctuated between $1,876 and $2,097, and the number of addresses holding over $100,000 in ETH jumped by 5,000 in under two weeks.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
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