Interest in Bitcoin, the biggest cryptocurrency asset stays robust amongst investors following favorable macroeconomic and market conditions. A powerful investor interest signals confidence in BTC’s long-term prospects, which regularly precedes a rise in prices over a while.

Whales And Sharks Repeatedly Fuel Bitcoin Demand 

Consistent bullish activity has been spotted amongst large Bitcoin investors and traders in light of political shifts. Leading data analytics platform Santiment reported that whale and shark investors proceed to build up BTC at a considerable rate, suggesting heightened optimism and demand.

Data from Santiment shows that over 1,002 coins per day have been gathered by 10+ BTC wallet addresses over the past 5 days leading as much as today. Santiment shared the event as discussion about Donald Trump’s inauguration is more likely to be a sell-the-news event mounts locally.

In the continuing cycle, the cumulative influence of wallet addresses containing 10 or more BTC has significantly modified the direction of the markets. Moreover, Santiment outlined 5 distinct cycles, whereby Bitcoin whales and sharks have impacted the market trajectory within the last 6 months.

As seen between July 20 and October 11, 2024, about 164 BTC were acquired day by day, triggering a 7.3% drop in prices. From October 11 to November 5, 2024, over 884 BTC were purchased by whales and sharks per day, which led to a 9.8% price increase.

Also, between November 5 and December 26, Santiment highlighted that accumulation rose to 2,060 BTC every day, triggering a greater than 35.8% price spike. Meanwhile, from December 26 to January 15, 2025, Bitcoin’s price rose by over 6.2% because of these investors accumulating about 156 BTC day by day.

From January 15 to the current day, day by day accumulation stands at 1,002 BTC, raising the potential of a notable price increase. So far, BTC’s price has risen by 2.8% for the reason that trend began on January 15. It’s a positive indication that vital stakeholders intend to steer market values in the correct direction after they contribute at the least 1,000 BTC daily.

Will The Trend Cause A Rally For BTC?

When whales and sharks accumulate BTC significantly, it might be an indication that investors are anticipating a rally. Nevertheless, after they barely accumulate or hold less BTC over an prolonged period, it would indicate that prices would move erratically. This raises the possibility of a correction phase because of an absence of enormous wallet support.

As large investors’ interest stays robust, this persistent accumulation may play a pivotal role in influencing BTC’s price trajectory within the near term. With prices demonstrating strength reaching a latest all-time high a number of days ago, prolonged growth is probably going at this point.

Santiment has underscored the behavior as a crucial factor to watch in an effort to make more informed selections in crypto, especially in the continuing cycle.

Featured image from Unsplash, chart from Tradingview.com