Crypto whales are back: $200m in Bitcoin, 8-year awakening, and ETF inflows

27.03.2025

The crypto market has come alive over the past week: Bitcoin has risen by more than 4%, and several major holders — the so-called “whales” — have resumed active accumulation of assets. According to analytics firm Arkham Intelligence, one of the largest Bitcoin whales added 2,400 BTC to their wallet — worth over $200 million at current prices. The purchase was recorded on March 24. Earlier in February, this same whale sold off more than 11,400 BTC when the cryptocurrency’s price ranged between $100,000 and $86,000. However, in recent days, the whale has once again started accumulating digital gold. Arkham Intelligence also reports that on March 24, approximately $200 million worth of BTC was withdrawn from Binance, bringing the whale’s total wallet balance to over 15,000 BTC — more than $1.3 billion at current market value. Another notable event involved a “dormant” Bitcoin whale who had been holding crypto in a single address since 2017. On March 22, the address suddenly became active, transferring over 3,000 BTC — roughly $250 million. According to Arkham, these assets were worth around $3 million back in 2017 — an incredible 100x increase in just eight years. Amid rising interest in cryptocurrencies, the world’s largest investment firm, BlackRock, also showed renewed activity. According to Bitbo, over the past week, its iShares Bitcoin Trust (IBIT) acquired an additional 4,054 BTC, bringing its total holdings to 573,878 BTC — worth over $50 billion.