The Bitty-Bitty Whale Dance: Who’s Buying All the Bitcoin? 🐋💰

In a move that might make even the craftiest of sea creatures look like they’re just splashing around, a major Bitcoin whale has decided to make quite the splash by snagging a cool $200 million worth of Bitcoin. This comes right after it sold off a staggering 11,400 BTC—because, you know, why not? Nothing screams “financial genius” quite like buying the dip (or whatever it is the crypto kids say these days). Bitcoin Whale

Presently, this whale (not to be confused with the ones that gracefully glide through oceans) holds more than 15,000 BTC, which happens to be valued at a mind-boggling $1.3 billion—because apparently, there’s a wealth limit for oceanic metaphors and this one has flipped it on its head. After selling at a price between $100,000 and $86,000 (as one does), it started hoarding BTC again when the price was, one might say, a wee bit more appealing. And let’s not forget the wild rollercoaster of Bitcoin prices, which whipsawed from over $104,000 on February 1st down to a dreary $78,940 by the 28th. Who knew cryptocurrency could have such a dramatic mood swing? 🤯

ARKHAM ALERT: BILLIONAIRE BITCOIN WHALE APPEARS TO HAVE JUST BOUGHT $BTC

A $1B Bitcoin Whale just withdrew $200M of BTC this morning from Binance.

He started acquiring BTC 5 days ago after selling between $100K and $86K in February.

Address:…

— Arkham (@arkham) March 24, 2025

In a plot twist worthy of a bad daytime soap, Bitcoin has been experiencing some serious mood changes lately. Just last week, it decided to party between $81,000 and $88,000—a modest grouping that speaks to the envy of many friendships, no doubt. On March 24, it even surged by 3%, further distancing itself from the $76,900 low from earlier this month. Talk about resilience! 💪

Oh Look, Another Whale Decides to Splurge

Meanwhile, another Bitcoin whale, after a prolonged eight-year nap (maybe it was hibernating?), has decided to stir from its slumber. This beast moved over 3,000 BTC on March 22, an astounding sum of $250 million, because apparently sitting still for too long isn’t good for a whale’s health. 💤

As if that weren’t intriguing enough, Arkham Intelligence spilled the beans that this whale’s treasure trove has ballooned from a mere $3 million in early 2017 to a staggering $250 million today. Yes, you heard that right—some folks just can’t resist the thrill of hoarding cryptocurrencies like giddy children with their Halloween candy. 🎃

Not to be left out of the fun, BlackRock—yes, that colossal asset managing monolith—has been steadily piling up Bitcoin like it’s going out of style. According to the latest buzz, they picked up an additional 4,054 Bitcoin split across 15 different transactions, resulting in the impressive total of 573,878 Bitcoin, worth more than $50 billion. At this rate, they might need a larger wallet. 🧳

BLACKROCK IS BUYING.

BLACKROCK JUST RECEIVED $100M $BTC FROM COINBASE PRIME

AND THEY HAVEN’T SOLD ANYTHING IN THE PAST WEEK.

— Arkham (@arkham) March 24, 2025

And in case you thought it couldn’t get any sillier, BlackRock’s iShares Bitcoin Trust (IBIT) has led a monumental surge in Bitcoin spot ETFs. They managed to reverse a five-week dry spell of outflows with a stunning $744.4 million net inflow. Not surprisingly, the lion’s share of the glory was delivered courtesy of BlackRock, raking in $537.5 million. 🤩

Ether Whales Maketh Their Move

Meanwhile, in the mystical land of Ether, a whale just added 7,074 ETH—worth a jaw-dropping $13.8 million—to their collection on March 21. For those keeping score, Ether’s price has been wallowing 57% lower than its dizzying heights from November 2021, trading between $1,876 and $2,097. But what’s this? Ether’s open interest has just hit a new all-time high! And—drumroll, please—the number of addresses holding at least $100,000 in Ether has been growing steadily. Who knew crypto could be so dramatic? 👀

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2025-03-25 12:23