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Bitcoin Whales Are Back: Could Surging BTC Demand Drive Prices to $100K?
Whale wallets are rapidly accumulating BTC, signaling strong institutional confidence and adding momentum to Bitcoin’s upward trajectory. Analysts forecast major gains ahead, with some projecting a climb to $100K or even $500K as accumulation outpaces ETF inflows.
After Bitcoin whales shifted focus to rising altcoins, as previously discussed, Bitcoin’s recent market behavior has once again captured significant attention—particularly with the resurgence of large-scale investors, commonly known as “whales.” This renewed interest raises a crucial question: Could escalating demand propel Bitcoin’s price toward the coveted $100,000 mark?
Whale Accumulation Signals Renewed Confidence
Recent data from CryptoQuant reveals a notable increase in Bitcoin holdings among wallets containing between 1,000 and 10,000 BTC. As shared on Twitter, balances in these wallets are rising faster than their 30-day average. Large investor demand for Bitcoin is accelerating.
Balances of wallets holding 1K–10K BTC rising faster than their 30-day average. Typically bullish, signals strong investor confidence.
pic.twitter.com/hR5Rumj6A6
— CryptoQuant.com (@cryptoquant_com) April 10, 2025
This uptick suggests that institutional investors are once again betting big on Bitcoin, which may result in a surge in demand and drive the price higher.
Source: https://www.crypto-news-flash.com/bitcoin-whales-are-back-could-surging-btc-demand-drive-prices-to-100k/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-whales-are-back-could-surging-btc-demand-drive-prices-to-100k
