Despite Miner Sell-Off, Major Investors Accumulate BTC Worth $200M

Amid a large-scale miner sell-off, major investors—commonly known as “whales”—acquired additional BTC volumes totaling about $200 million. As a result, their combined balance rose by 3% despite the sharp market correction following a new all-time high.

Data shows a 12% increase in large-holder (over 1,000 BTC) transactions within the last 7 days, indicating long-term investors view the current landscape as an opportunity to solidify their positions.

The heightened interest from whales highlights confidence in Bitcoin’s long-term potential and may help stabilize prices, reducing the risk of steep declines after miners’ massive withdrawals.