Even during the February 2026 drawdown, where Bitcoin's price fell 52% from its previous high, whales absorbed —the largest such inflow since 2022.
The sheer scale of recent whale activity is unprecedented. In April 2026, data revealed that whales accumulated over 270,000 BTC in just 30 days , a haul valued at roughly $20 billion .
As whales move their assets off exchanges and into cold storage—a trend evidenced by rising exchange outflows—the "liquid supply" available for trading declines, creating a structural "floor" for the price. The Bitcoin Whales Won’t Stop Buying
Wallets holding 1,000–10,000 BTC have recovered their holdings to pre-correction levels, now totaling approximately .
This represents the largest monthly net buy in over 13 years. Even during the February 2026 drawdown, where Bitcoin's
BlackRock's iShares Bitcoin Trust now holds approximately 803,000 BTC , representing nearly half of the U.S. spot ETF market.
1 BTC equals $87,412.91 As of Apr 27, 11:05 PM EDT • Disclaimer Apr 27, 2026 As whales move their assets off exchanges and
Spot Bitcoin ETFs recorded significant strength in April 2026, with a single day (April 17) seeing +$663.9 million in net inflows.