- Bitfinex whale engages in significant Bitcoin purchases, potentially influencing market trends.
- Daily purchases suggest large-scale accumulation strategy re-emerging in the market.
- Long-term holder inactivity highlights short-term profit-taking trends.
A notable Bitfinex whale has restarted substantial Bitcoin accumulation, purchasing approximately 300 BTC daily using a TWAP strategy over the last two days, as highlighted by Blockstream CEO Adam Back.
The whale’s activity potentially stabilizes Bitcoin prices and strengthens them long-term, reflecting large-holder confidence amid recent market volatility and highlighting the ongoing significance of major accumulations.
In a notable development, a Bitfinex whale has resumed significant Bitcoin accumulation using the Time-Weighted Average Price (TWAP) strategy. Observed over the past 48 hours, the whale has been purchasing about 300 BTC per day, as identified by Adam Back. “The Bitfinex whale is back last 48hrs, TWAP buying Bitcoin all-day looks like 300 btc/day for now,” said Adam Back, CEO of Blockstream. Back drew attention to the whale’s return on Twitter/X, referencing the BTCUSDLONGS metrics. He noted similar patterns in February 2025, where the whale purchased 1,000 BTC per day.
The immediate market impact involves a daily allocation near $18 million to $34 million, potentially reinforcing Bitcoin’s price support levels. On-chain analytics indicate a sell-off driven by short-term holders, while long-term holders remain relatively inactive.
Bitcoin’s price stability has been linked to the $110k–$112k support range, bolstered by the whale’s activity. Past events suggest whale accumulation often anticipates market rallies, especially during short-term holder capitulation periods.
Historical trends indicate that whale buying typically coincides with price bottoms, foreshadowing rising market optimism. The increased number of whale entities suggests confidence in Bitcoin amid recent price fluctuations. Insights from Glassnode and CryptoQuant reinforce the narrative that whale activity signifies market health. Market participants on social media interpret this as a bullish sign, viewing the whale’s return as a support mechanism for Bitcoin stability.
