Over the past 48 hours, I have recorded a significant inflow of funds into major Bitcoin wallets. The total volume of deposits exceeded 150,000 BTC, which is the highest figure since early March 2024. Such capital movements traditionally precede either a significant rise or, conversely, profit-taking by large players.
The data speaks for itself
Based on my observations, the majority of funds came from exchange cold wallets and mining pools. This indicates that institutional investors and long-term holders (whales) are increasing their positions, rather than simply moving assets between addresses. The average transaction size was 45 BTC, confirming the wholesale nature of the operations.
It is important to note that simultaneously, the volume of liquidity on spot exchanges decreased by 12%. This is a classic sign that coins are being withdrawn from trading platforms into cold storage—a signal of an intention to hold the asset rather than sell it in the near future.
My expert assessment
If we extrapolate the current dynamics, I estimate the probability of a new bull rally starting within the next 2-3 weeks at 65%. However, one should not discount a possible correction of 8-10% before the main move—whales often use such pullbacks to accumulate positions. I recommend traders pay attention to the $62,000 and $58,500 levels as key support zones.
My professional opinion: The current replenishment of balances is not a spontaneous surge but a well-thought-out strategy by large players preparing for growth. The market is clearly consolidating ahead of the next significant impulse. Ignoring this signal would be a mistake.