Bitcoin Whales Add $1.2B as ETF Inflows Hit Multi-Month High
What happened: Wallets holding between 10 and 10,000 BTC accumulated over 20,000 BTC—worth approximately $1.
What happened: Wallets holding between 10 and 10,000 BTC accumulated over 20,000 BTC—worth approximately $1.2 billion—since July 29, 2026, according to Santiment data. Meanwhile, US spot Bitcoin ETFs recorded $754.69 million in weekly inflows, with a single-day spike of $240 million on Wednesday. Bitcoin’s price hovered near $64,575 during this accumulation phase.
Why it matters: The coordinated accumulation by large holders and robust ETF inflows signal renewed institutional and high-net-worth interest, even as Bitcoin remains below its all-time highs. The data suggests market participants are positioning for a potential breakout above $70,000, with ETF demand providing a stabilizing force amid ongoing miner distribution.
Source: CoinDesk