Bitcoin whale activity has surged dramatically in March and April 2025, according to crypto analyst Lark Davis. Large holders with balances between 1,000 and 10,000 BTC are accumulating Bitcoin "like never before," as prices continue to correct from January highs.
Whale Accumulation Patterns
Key observations from CryptoQuant data:
- Steep increase in whale balances since February 2025
- Buying accelerated significantly in April during price declines
- Whale accumulation often signals long-term bullish sentiment despite short-term corrections
👉 Why whales are betting big on Bitcoin now
Global Liquidity and Market Cycles
CryptoQuant's Bull Score Index has remained below 50 for 58 of the past 60 days, historically associated with negative price trends. However, analysts note:
- 30%+ corrections are common in bull market cycles
- Global liquidity (money supply) has reached all-time highs
- Historical correlation between liquidity expansion and BTC price appreciation
"Global liquidity at an ATH, rising steeply. #Bitcoin" - Root (@therationalroot)
Money Supply Indicators
- M2 money supply showing parabolic growth
- Institutional players (corporates, nation states) accumulating
- Central bank policies creating liquidity for risk assets
Current Crypto Market Conditions
Short-term outlook remains bearish:
- BTC range-bound between $83,000-$86,000
- ETH struggling below $1,600
- Altcoins predominantly in red territory
Market characteristics:
- Described as "boring" by some analysts
- Low volatility compared to previous cycles
- Potential accumulation phase before next move
FAQs
Q: Why are whales accumulating Bitcoin now?
A: Large holders typically buy during corrections, anticipating future price appreciation when combined with expanding global liquidity.
Q: Does the Bull Score Index predict market bottoms?
A: While not a perfect timing tool, extended periods below 50 have historically marked good accumulation zones in bull markets.
Q: How does global liquidity affect crypto prices?
A: Increased money supply creates more capital available for speculative assets, often leading to higher valuations across risk markets.
👉 Understanding Bitcoin's macro cycles
Q: What's the significance of M2 money supply growth?
A: Parabolic M2 expansion suggests substantial liquidity injection into the economy, which historically precedes major asset price movements.
Q: Are altcoins following Bitcoin's pattern?
A: Currently, most altcoins show weaker performance than BTC, though they typically amplify Bitcoin's moves (both up and down) in stronger market conditions.
Q: How long might this correction last?
A: Market cycles vary, but similar historical corrections in bull markets have lasted 2-3 months before resuming upward trends.
Note: All trading involves risk. This content is for informational purposes only and should not be considered financial advice.