{"id":9071,"date":"2025-01-22T15:29:13","date_gmt":"2025-01-22T15:29:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9071"},"modified":"2025-01-22T15:29:13","modified_gmt":"2025-01-22T15:29:13","slug":"bitcoin-whales-and-sharks-persist-in-large-accumulation-spree-post-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9071","title":{"rendered":"Bitcoin Whales And Sharks Persist in Large Accumulation Spree Post Trump\u2019s Inauguration"},"content":{"rendered":"
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Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor interest signals confidence in BTC\u2019s long-term prospects<\/a>, which often precedes an increase in prices over some time.<\/p>\n

Whales And Sharks Continuously Fuel Bitcoin Demand\u00a0<\/h2>\n

Consistent bullish activity has been spotted among large Bitcoin investors and traders in light of political shifts. Leading data analytics platform Santiment reported<\/a> that whale and shark investors continue to accumulate BTC <\/a>at a substantial rate, suggesting heightened optimism and demand.<\/p>\n

Data from Santiment shows that over 1,002 coins per day have been accumulated by 10+ BTC wallet addresses over the past 5 days leading up to today. Santiment shared the development as discussion about Donald Trump\u2019s inauguration is likely to be a sell-the-news event mounts in the community.<\/p>\n

In the ongoing cycle, the cumulative influence of wallet addresses containing 10 or more BTC has significantly changed the direction of the markets. Furthermore, Santiment outlined 5 distinct cycles, whereby Bitcoin whales<\/a> and sharks have impacted the market trajectory in the last 6 months.<\/p>\n

\"Bitcoin\"<\/p>\n

As seen between July 20 and October 11, 2024, about 164 BTC were acquired daily, triggering a 7.3% drop in prices. From October 11 to November 5, 2024, over 884 BTC were purchased by whales and sharks per day, which led to a 9.8% price increase.<\/p>\n

Also, between November 5 and December 26, Santiment highlighted that accumulation rose to 2,060 BTC each day, triggering a more than 35.8% price spike. Meanwhile, from December 26 to January 15, 2025, Bitcoin\u2019s price<\/a> rose by over 6.2% due to these investors accumulating about 156 BTC daily.<\/p>\n

From January 15 to the present day, daily accumulation stands at 1,002 BTC, raising the possibility of a notable price increase. Thus far, BTC\u2019s price has risen by 2.8% since the trend began on January 15. It is a positive indication that important stakeholders intend to steer market values in the right direction<\/a> when they contribute at least 1,000 BTC every day.<\/p>\n

Will The Trend Cause A Rally For BTC?<\/h2>\n

When whales and sharks accumulate BTC<\/a> significantly, it may be a sign that investors are anticipating a rally. However, when they barely accumulate or hold less BTC over an extended period, it might indicate that prices would move erratically. This raises the possibility of a correction phase<\/a> due to a lack of large wallet support.<\/p>\n

As large investors\u2019 interest remains robust, this persistent accumulation may play a pivotal role in influencing BTC\u2019s price trajectory in the near term. With prices demonstrating strength reaching a new all-time high<\/a> a few days ago, extended growth is likely at this point.<\/p>\n

Santiment has underscored the behavior as an important factor to observe in order to make more informed choices in crypto, especially in the ongoing cycle.<\/p>\n

\"Bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Interest in Bitcoin, the largest cryptocurrency asset remains robust among investors following favorable macroeconomic and market conditions. A strong investor interest signals confidence in BTC\u2019s long-term prospects, which often precedes an increase in prices over some time. Whales And Sharks Continuously Fuel Bitcoin Demand\u00a0 Consistent bullish activity has been spotted among large Bitcoin investors and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9071","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9071"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9071\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}