- Over $2 billion in BTC bought in seven days
- Whatâs next for Bitcoin?
Bitcoin has failed to show any major price recovery, yet recent data shows that whales are still quietly accumulating the leading cryptocurrency.
On Friday, Feb. 20, popular crypto analyst Ali Martinez shared on-chain data revealing that Bitcoin whales accumulated more than 30,000 BTC over the past week.
While this signals strong conviction among large holders despite recent market weakness, it has sparked a wave of confidence among market participants amid hopes for a potential rebound.
Over $2 billion in BTC bought in seven days
Per Bitcoin’s average trading price over the past week, which was around the $67,000 level, the notable whale accumulation during the period is worth over $2 billion.
HOT Stories
Morning Crypto Report: Cardano Ecosystem Onboards USDC, SBI Ripple Asia and AWAJ Clarify XRP Ledger Strategic Roadmap, Bitcoin Turns 5 Years Old as $1 Trillion Asset
Ripple Exec Reports Breakthrough in DC Crypto Meeting
The massive accumulation comes as Bitcoin continues to trade below recent highs, with the broader crypto market facing sustained selling pressure
Following the consistent price downturn faced on the broad crypto market, Bitcoin has plunged significantly in recent weeks, and it is currently trading at levels that mark a more than 50% decline from its ATH.
Nonetheless, the post from Martinez has stirred reactions from the crypto community, who believe that the aggressive buying activity suggests that institutions and high profile investors are taking advantage of the dip to expand their positions
What’s next for Bitcoin?
While Bitcoin has been trading on a downward trajectory for a long time, it remains uncertain if the massive whale purchases could trigger a potential rebound in its price.
However, sustained whale buying during periods of price weakness has often preceded medium- to long-term price recoveries in the past. While the spot Bitcoin ETFs also reported decent fresh capital intake on some days during the past week, Bitcoin stands a chance to stabilize its price move if accumulation continues at this pace, positioning it for a potential price rebound.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
This 'Space Invaders' Clone Game Pays Real Bitcoin—If You're Skilled, Lucky or Rich
In brief
A new game based on the arcade classic Space Invaders will let one person earn a real Bitcoin reward.
To claim the reward ,they must destroy 10,000 BTC worth of transactions that mirror actual activity on the blockchain.
The winner will earn a 10,000 sats bounty, valued
Decrypt56m ago
DWF Labs co-founder: The current market is boring but it hasn’t gone away—there are still plenty of opportunities for builders and investors
DWF Labs co-founder Andrei Grachev said the market is currently in a “very boring” phase, with genuinely valuable activity taking place quietly. He advised investors to stay patient, wait for better timing, and noted that retail investors should respond rationally to market volatility—continue learning and staying engaged.
GateNews1h ago
BTC analyst Killa: By comparing historical cycles, BTC could see another round of downside before it establishes a true bottom
Gate News message, on April 11, BTC analyst Killa posted that when comparing all prior Bitcoin cycles, each cycle includes a final selloff that ends with a capitulation-style bottom. In this cycle, the time when the peak occurred was earlier than in previous cycles. Killa noted that if history repeats itself, BTC may still see another wave of declines before a true bottom is established.
GateNews1h ago
BTC 15-minute drop of 0.45%: spot selling pressure led the move, and leveraged funds stayed on the sidelines, without worsening volatility
2026-04-11 13:00 to 13:15 (UTC), BTC recorded a short-term return of -0.45%, with a price range of 72526.3 to 72935.7 USDT, and the 15-minute swing amplitude was 0.56%. Overall market attention remains at a high level. Volatility is not extremely elevated, but downward pressure is clear, and disagreement between long and short positions in the short term has intensified.
The main driving force behind this abnormal move is active sell pressure in the spot market. During this period, the combined total trading volume of the spot market and perpetual futures increased month-over-month by about 12%. Order book data shows a slight rise in resting sell orders, faster cancellations of buy orders, and short-term liquidity tightening, triggering
GateNews2h ago
Passive BTC Earnings Made Simple: Bitcoin Everlight Phase 5 Shards Now Available for $100
Earning Bitcoin passively used to sound like something reserved for people with deep pockets, technical expertise, or industrial mining setups. Phase 5 of the Bitcoin Everlight presale just made that assumption obsolete. For $100 worth of BTCL tokens, anyone can now activate a shard and start
BlockChainReporter2h ago
Under the Iran-U.S. conflict, the Bitcoin market is currently splitting: institutions continue to buy, while whales and mining firms are accelerating their sell-offs
Amid the impact of the U.S.-Iran geopolitical conflict, the Bitcoin market has diverged: institutional investors continue to accumulate Bitcoin, while whales, mining firms, and some countries are reducing their holdings. Data shows that large holders have shifted to net selling, mining firms’ sell-offs have been significant, and sovereign holders have also clearly cut exposure. Despite muted market sentiment, the price of Bitcoin has held in the $65k to $73k range, and its future direction will depend on continued inflows of institutional capital.
GateNews3h ago
