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- The crypto market sees $120,000,000 liquidated in under an hour.
- Despite the BTC price dip, whale accumulation has hit a new high since August 2024.
- China plans to unban Bitcoin and crypto by Q3-Q4 of 2025.
The crypto market seems to have faced another setback as the price of BTC slipped from near $89,000 price levels to $86,000 leading to $120,000,000 liquidated in the cryptocurrency market in under an hour. Despite this setback, Bitcoin whales add 129k BTC marking the strongest accumulation since August 2024. This accumulation happens amid a bullish announcement from China regarding Bitcoin (BTC).
$120 Million Liquidated as Whales Add 129k BTC
The pioneer crypto asset fell in price once again as it tries to reclaim its $90,000 price targets. Despite this slip and the $120 million crypto market liquidation, most analysts remain bullish marking several price surge indicators on the BTC price chart. Furthermore, whales seem to be heavily accumulating BTC in the month of March marking record-high targets unseen since last year.
NEW: Whales have added 129K $BTC since March 11, marking the strongest accumulation rate since August 2024 and signaling rising confidence from major players. pic.twitter.com/prD4Ne2MAg
— Cointelegraph (@Cointelegraph) March 27, 2025
To clarify, as we can see from the post above, we can see that whales have added 129,000 Bitcoin to their wallets since March 11. This accumulation marks the strongest accumulation rate since August 2024 and signals rising confidence amongst major players pointing to promising rising prices for the pioneer crypto asset Bitcoin (BTC). Responses to the post also add that the whales don’t look like they’re slowing down in accumulating more BTC which supports the expected Bitcoin supply shock expectations from many reputed analysts.
This bullish BTC whale action could very much lead to another new BTC ATH price which many analysts expect will take Bitcoin to a string of new ATHs like it did in Q4 2024. These new ATHs could start with $116,000 showing potential of hitting much higher ATHs between $250,000 and $350,000. If this plays out, what many expect as the end of the 4-year bull cycle blueprint may no longer be applicable to the evolving crypto market.
China Plans to Unban Bitcoin and Crypto
Bitcoin whale accumulation may be taking place at a critical time. The global arena is slowly yet steadily adopting BTC on a much larger scale. As we can see from the post above, China plans to unban Bitcoin and crypto by Q3-Q4 of 2025. Analysts expect this move to lead to a massive pump in Bitcoin and crypto prices further supporting to end of the 4-year cycle blueprint. Is this the pivotal moment for which BTC whales are accumulating Bitcoin, or is something much grander on the verge of exploding for Bitcoin and crypto?
