$4 billion Bitcoin accumulation blitz: whales declare selloff over

$4 billion has just flooded back into Bitcoin from its most powerful holders, in the “clearest signal yet that the sell-off is being aggressively absorbed.”

This is the bullish crypto market analysis of Nigel Green, CEO of financial advisory giant deVere Group as new on-chain data show that wallets holding more than 1,000 Bitcoin accumulated roughly 53,000 coins in the past week alone — the most aggressive buying spree since November.

The purchases come after months of heavy distribution and a drawdown that has left Bitcoin around 40% below its October peak.

For a market driven by liquidity flows and capital conviction, the shift is material. ‘Whale wallets’ had been persistent sellers through much of the correction.

Their abrupt return to accumulation interrupts that trend and suggests that deep-pocketed investors view current levels as strategic entry points rather than precursors to further sustained weakness.

“Large holders, or the so-called whales, are absorbing supply in size,” Nigel Green explains.

“When wallets of this magnitude step back in after a prolonged sell-off, it reflects high conviction. They’re seemingly positioning ahead of broader participation returning.”

The 53,000 BTC accumulated in a single week equates to more than $4 billion at prevailing prices. In a market where newly mined supply remains structurally limited, concentrated buying by long-term holders tightens available float. Liquidity conditions can shift quickly once supply is pulled into strong hands.

The deVere CEO says: “Bitcoin’s correction from its October high has tested sentiment. Retail flows have slowed and short-term traders have remained cautious.

“Whale behavior, however, often diverges from surface-level sentiment.

“Sustained accumulation phases by large wallets during periods of price weakness have historically preceded powerful upside moves once demand broadens.”

He continues: “Smart capital tends to move before consensus shifts,” Nigel Green explains.

“A 40% pullback resets positioning and removes excess leverage. Whales accumulating at this stage are signalling that they see long-term value and scarcity.”

The interruption of months-long divestment is particularly notable. Persistent selling from major holders can weigh on price structure and confidence.

A decisive reversal in that behaviour alters the supply-demand equation and suggests the phase of aggressive distribution has likely run its course.

Against that backdrop, concentrated accumulation by wallets holding more than 1,000 BTC reinforces the case for strategic positioning rather than reactive trading.

“Bitcoin’s supply is finite,” Nigel Green says. “When large investors absorb tens of thousands of coins in a compressed period, the market structure tightens.

“If sidelined capital begins to re-enter while whales continue accumulating, upside pressure can build quickly.”

He concludes: “Consolidation below prior highs is likely building the base for the next structural rally.

“We’ve seen before that smart money doesn’t panic, it positions.”

About deVere Group

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.