Big Bitcoin Whales Make a Splash! Could $135K Be the Next Big Jump?

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Well, folks, it looks like Bitcoin’s been doing some rollercoaster moves lately. Down 5.8% from last month’s peak. Yeah, you heard that right—5.8%. Right now, it’s sitting at $105,062, which is, of course, a 1.1% dip just today. Oh, the drama of crypto.

But here’s the kicker: despite Bitcoin stumbling a bit, there’s a wave of big-money players making their move. These new Bitcoin whales—those chubby wallets with 1,000 BTC or more (and the coins are fresh, less than six months old)—are gobbling up Bitcoin like it’s going out of style. Talk about confidence, huh?

Whale Watching: The Young Ones Are Coming

Some sharp-eyed analyst over at CryptoQuant—yeah, the guy’s called “onchained”—spotted this trend. And guess what? These new whales have been on a buying spree. Since March 1, 2025, they’ve doubled their stash of Bitcoin. We’re talking about going from around 500,000 BTC to over 1.1 million. That’s a whopping $63 billion worth of shiny new Bitcoin!

Meanwhile, their share of Bitcoin’s total circulating supply grew from a modest 2.5% to 5.6%. That’s like snatching up almost a year’s worth of mined Bitcoin and tucking it away. No wonder they’re called whales, right? It’s like a feeding frenzy in the deep, digital sea.

This whale invasion tells us one thing: these guys aren’t here for a quick buck. They’re planning something big—long-term holding and scooping up supply. Historically, when the big players start stacking like this, it means price swings are just around the corner. Buckle up, buttercup.

Analysts are all hyped about this shift in the market. If these whales continue pulling coins out without selling them off, we might be in for a price squeeze. And when that happens, expect a burst of volatility. The question is, where will it go? No one knows. But some are betting on the stars aligning for an upside rocket.

Technical Analysts Spitting Out Numbers

If you’re into charts, you’ll love this: Bitcoin’s showing signs of a new bullish pattern. According to the “Titan of Crypto” (who, by the way, sounds like a superhero), Bitcoin has busted through a “right-angled descending broadening wedge.” What a mouthful, huh? But basically, it’s a chart pattern that could either mean a trend reversal or just more of the same—depending on what happens next.

#Bitcoin to $135,000 in 2025? $BTC has broken out of a right-angled descending broadening wedge.

If price holds above the breakout zone, $135,000 becomes a realistic target.

Structure is clean.

— Titan of Crypto (@Washigorira) June 3, 2025

If Bitcoin can stay above the breakout zone, we might be heading for a juicy target: $135,000. That’s the dream of the crypto faithful. A nice, tidy increase that could happen in 2025. But let’s be real: with crypto, we’re never sure until we’re sure.

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2025-06-05 08:14