The lackluster price movements over the past few weeks have failed to deter certain large market participants, often referred to as whales, from accumulating substantial portions of BTC.<\/p>\n
Recent on-chain data from Lookonchain indicated that 40 newly created addresses have withdrawn over $770 million worth of the primary cryptocurrency since October 1 alone. These withdrawals were completed through Wintermute.<\/p>\n
Whales are accumulating $BTC!<\/p>\n
Since Oct 1, 40 newly created wallets have withdrawn 9,458 $BTC ($771.5M) from #Wintermute.<\/p>\n
https:\/\/t.co\/AR7qxcyoiU https:\/\/t.co\/TfzSTKz7UF<\/p>\n
\u2014 Lookonchain (@lookonchain) October 23, 2026<\/a><\/p>\n\n The latest report builds on previous ones, such as CryptoQuant\u2019s mid-month research. It stated<\/a> that whales have resumed accumulation after months of selling, and the shift came amid the underlying asset\u2019s major price recovery from under $62,000 in early August to $87,000 in September.<\/p>\n The data at the time said that these large wallets held just over three million BTC, which was the highest combined balance since November 21, 2025. Another report from earlier this week claimed that these large market participants had purchased<\/a> almost 89,000 BTC in just one month.<\/p>\n Bitcoin\u2019s price movements, though, have been quite unimpressive in the past few weeks. Despite expectations for Uptober, the asset was rejected at $87,000 on a couple of occasions and eventually dipped below $80,000.<\/p>\n Its rebound took it to $85,000 earlier this week, where the quickly deteriorating macro landscape served as another hurdle on its path forward. In the following 36 hours, the cryptocurrency crashed<\/a> by over $3,000 and now sits below $82,000.<\/p>\n The post Bitcoin Whales Keep Buying Despite BTC\u2019s Price Struggles<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The lackluster price movements over the past few weeks have failed to deter certain large market participants, often referred to as whales, from accumulating substantial portions of BTC. Recent on-chain data from Lookonchain indicated that 40 newly created addresses have withdrawn over $770 million worth of the primary cryptocurrency since October 1 alone. These withdrawals […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-242981","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/242981"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=242981"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/242981\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}