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Bitcoin Whales Add 43,000 Bitcoin in 60 Days
Wall Street Wants to Put the Stock Market on the Blockchain
Bitcoin Whale Accumulation Accelerates as Exchange Supply Falls
Bitcoin whale accumulation is strengthening as a 2,782 BTC (~$177M) withdrawal from Bitstamp joined broader buying: wallets holding >100 BTC added about 54,400 BTC between June 14 and Aug 14 while the top >10,000 BTC cohort netted ~46,420 BTC on a 60-day basis and smaller wallets sold ~27,400 BTC, pushing CEX exchange reserves toward roughly 2.72 million BTC. Trading volume has plunged year-over-year (Binance July volume fell from $2.55T to $1.4T, OKX from $1.055T to $447B), BTC trades in the low-to-mid $60,000s with SOPR below 1, and although accumulation has yet to trigger a breakout above $62k-$65k the sustained whale buying and depressed exchange liquidity could tighten supply and serve as a bullish catalyst if spot demand returns.
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