logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Bitcoin: 20,000 BTC Accumulated by Large Wallets Since Late July

    Bitcoin: 20,000 BTC Accumulated by Large Wallets Since Late July

    By: rootdata|2026/08/07 12:00:00
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    SPOTSPOT
    00.00%--
    NOWNOW
    00.00%--
    THETHE
    00.00%--
    PROVEPROVE
    00.00%--
     

    Whales have accumulated over 20,000 BTC since July 29, while U.S. spot ETFs attracted $754.69 million this week. Two signals close to $1.95 billion, but Bitcoin remains stuck below $65,000.

    In Brief

    • Wallets holding between 10 and 10,000 BTC have added over 20,000 BTC since July 29.
    • U.S. Bitcoin spot ETFs received $754.69 million this week, their best pace since April.
    • Bitcoin still needs to close firmly above $65,000 to confirm a sustainable recovery.

    Whales Collect 20,000 BTC While the Market Stalls

    Bitcoin still hasn't taken off. Behind the scenes, however, large wallets are accumulating. Yesterday, Cointribune already noted a record accumulation by whales in major cryptos. New data from Santiment now tightens the frame: addresses holding between 10 and 10,000 BTC have added over 20,000 BTC since July 29.

    On August 7, this stock represented about $1.2 billion. Data published by CoinDesk places these purchases in a narrow band, below $65,000, while the market continues to experience hesitant sessions. The contrast matters more than the raw number: large holders are absorbing the supply without causing, for now, a visible break in price.

    Santiment also observes sales among smaller holders. The analytics firm estimates that this divergence increases the likelihood of a return above $70,000 compared to a drop below $60,000. This reading remains a scenario, not a certainty. A whale may accumulate to invest long-term, hedge a position, or reorganize its assets.

    Another caution: mechanically adding the $1.2 billion accumulated on-chain and ETF flows does not prove the arrival of $1.95 billion in entirely distinct capital. The two series measure different phenomena. Their convergence, however, indicates that demand is waking up across multiple channels simultaneously.

    Bitcoin ETFs Find Their Best Pace Since April

    The institutional signal comes from U.S.-listed spot ETFs. According to the flow chart from SoSoValue cited by CoinDesk, these products have captured $754.69 million since the beginning of the week of August 3. At this pace, they are heading for their best week since April.

    The movement extends an improvement already noticeable when Bitcoin ETFs ended July in the green despite last-minute outflows. In August, the tone is becoming clearer: over half a billion dollars had already flowed into these funds, with more than $240 million on Wednesday alone, according to Liya Kalchev, an analyst at Nexo.

    However, the price has not followed with the same vigor. This detail prevents a discussion of a true restart. Kalchev reports that some desks see the marginal buyer as a tactical player, still not fully convinced of a sustainable recovery.

    In other words, investors are repositioning but keeping one hand near the exit.

    This gap does not invalidate the entries recorded by the ETFs. It rather shows that the available supply remains sufficient to keep the market around $64,000. A clear close above $65,000 would change the reading: it would transform a discreet accumulation into a possible signal of recovery. As long as this threshold holds, the flows play more of a floor role than a driving force.

    -- Price

    --

    The $65,000 Threshold Holds the Final Word

    Bitcoin still faces two hurdles. The first comes from the market itself: several attempts below $65,000 have not led to an acceleration, despite whale purchases and the return of ETFs. The second is political, as the U.S. Senate is not expected to vote on the CLARITY Act in August.

    Regulatory uncertainty arrives at a bad time. Adoption of the text would clarify the division of competencies between U.S. regulators and could facilitate the engagement of new institutional players. Its postponement does not eliminate current demand but delays a catalyst closely watched by Wall Street.

    The nervousness of smaller holders is also explained by the hacking of Coldcard wallets, with losses reaching $120 million according to Santiment and CoinDesk. Cointribune has followed the consequences of this security breach, which reminds us that an operational shock can weigh on sentiment without altering the fundamental thesis of long-term buyers.

    In summary, whales and ETFs send the same message, but the price still refuses to validate it. On-chain accumulation, institutional entries, and a breach of $65,000 could eventually reinforce each other. Conversely, the delay of the U.S. vote and renewed risk aversion would keep Bitcoin in its current zone. The uncertainties surrounding the CLARITY Act remain the lock to watch.

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Bitcoin developer says self-custody fears cost him gains

    Bitcoin developer says self-custody fears cost him gains

    China’s Kimi K3 Broke Out of Its Sandbox to Look Up Test Answers

    China’s Kimi K3 Broke Out of Its Sandbox to Look Up Test Answers

    Strategy Sells 1,638 Bitcoins; Saylor: I Haven't Sold a Single Satoshi

    Strategy Sells 1,638 Bitcoins; Saylor: I Haven't Sold a Single Satoshi

    Iranian Cleric Threatens Gulf States with Missiles Over Dependence on the U.S.

    Iranian Cleric Threatens Gulf States with Missiles Over Dependence on the U.S.

    A senior Iranian cleric has issued a warning to Gulf states: if they continue to depend on the United States, they could become targets of missile attacks. This rhetoric raises geopolitical tensions and undermines expectations for an agreement between Washington and Tehran, as reflected in predictio...
    Saudi Arabia, Pakistan, and Turkey Sign Historic Defense Agreement in Mecca

    Saudi Arabia, Pakistan, and Turkey Sign Historic Defense Agreement in Mecca

    Saudi Arabia, Pakistan, and Turkey signed a joint defense agreement in Mecca, creating a new military alliance that could redefine the balance of power in the Middle East. The trilateral pact, involving three nuclear and conventional powers, comes amid rising regional tensions and aims to complement...
    Institutional Demand Emerges, On-Chain Fixed-Rate Lending May Experience a Real Turning Point

    Institutional Demand Emerges, On-Chain Fixed-Rate Lending May Experience a Real Turning Point

    Hyperliquid Policy Center Submits Statement to CFTC, Advocating for Support of On-Chain Perpetual Futures Innovation

    Hyperliquid Policy Center Submits Statement to CFTC, Advocating for Support of On-Chain Perpetual Futures Innovation

    MiCA: The European Cleanup of Crypto Platforms Benefits Scammers

    MiCA: The European Cleanup of Crypto Platforms Benefits Scammers

    Fraudsters are impersonating the AMF, ESMA, and exchanges to divert crypto transfers mandated by MiCA.
    On-chain Analysis of Cryptocurrencies: When Exchange Reserves Can Deceive

    On-chain Analysis of Cryptocurrencies: When Exchange Reserves Can Deceive

    On-chain analysis of cryptocurrencies often relies on exchange reserves: they show how many coins are currently held in the wallets of centralized platforms. This metric is useful, but it needs to be interpreted carefully: reserves work better over a horizon of weeks and months, and sharp spikes on ...
    Blockchain is No Longer Replacing Wall Street; It is Becoming a New Pipeline for Wall Street

    Blockchain is No Longer Replacing Wall Street; It is Becoming a New Pipeline for Wall Street

    Standard FDIC for fintech: the independent committee certifies banking partners

    Standard FDIC for fintech: the independent committee certifies banking partners

    TokenInsight July Report: MEXC Tops BTC, ETH, and Silver Futures Depth

    TokenInsight July Report: MEXC Tops BTC, ETH, and Silver Futures Depth

    OpenAI's Smart Speaker: $400 and No Screen, Jony Ive's Bet

    OpenAI's Smart Speaker: $400 and No Screen, Jony Ive's Bet

    Crypto: Tokenized Finance Soars While DeFi Loses Ground

    Crypto: Tokenized Finance Soars While DeFi Loses Ground

    Cash in Retail: Relevance and Solutions for Commerce

    Cash in Retail: Relevance and Solutions for Commerce

    Hotcoin Research|The AI Revolution Continues: Why Is the AI Stock Market Starting to Deflate?

    Hotcoin Research|The AI Revolution Continues: Why Is the AI Stock Market Starting to Deflate?

    Fraud in Cryptocurrency Exchange Points: Over 20 Employees Detained in Moscow-City

    Fraud in Cryptocurrency Exchange Points: Over 20 Employees Detained in Moscow-City

    Fraud in cryptocurrency exchange points has led to detentions in Moscow-City: according to the FSB, Ukrainian call centers were withdrawing money stolen from Russians through local crypto exchanges, with daily turnover at such points reaching up to $2 million.
    Food Prices: Eggs Drop, But Meat and Coffee Rise Due to Inflation and Tariffs

    Food Prices: Eggs Drop, But Meat and Coffee Rise Due to Inflation and Tariffs

    Food prices in the U.S. show relief in eggs, but meat and coffee continue to rise. CNN analyzes food inflation trends and their impact on the economy.
    Why Are AI Stocks Facing Pressure? SanDisk and Western Digital Fell Despite Earnings Beats

    Why Are AI Stocks Facing Pressure? SanDisk and Western Digital Fell Despite Earnings Beats

    Why are AI stocks down today? SanDisk and Western Digital fell about 10% despite earnings beats as weaker guidance, high expectations, and valuation concerns pressured AI-related stocks.
    Asian Prediction Markets Remain in a Gray Area, Lacking a Comprehensive Regulatory Framework

    Asian Prediction Markets Remain in a Gray Area, Lacking a Comprehensive Regulatory Framework

    DeepMind Leadership Change: Why Google Cloud Could Be the Biggest Winner?

    DeepMind Leadership Change: Why Google Cloud Could Be the Biggest Winner?

    Is the carry trade still on? Investments in pesos recommended by analysts after the latest BCRA REM

    Is the carry trade still on? Investments in pesos recommended by analysts after the latest BCRA REM

    The BCRA survey cut the exchange rate projection for December and maintained a scenario of gradual disinflation, with practically stable rates. In this context, strategies are once again leaning towards CER bonds and dual bonds.
    BNB Chain Stablecoin Holders: Surpassing Tron with 79.3 Million

    BNB Chain Stablecoin Holders: Surpassing Tron with 79.3 Million

    CoinMarketCap API Expansion: 7 New Endpoints for Tokenized Real Assets

    CoinMarketCap API Expansion: 7 New Endpoints for Tokenized Real Assets

    XRP Ledger 3.3.0 brings privacy and batch upgrades

    XRP Ledger 3.3.0 brings privacy and batch upgrades

    New Fire Research Institute: Frequent Vulnerabilities in Industry Wallets, How Should Institutions Choose Custody Solutions?

    New Fire Research Institute: Frequent Vulnerabilities in Industry Wallets, How Should Institutions Choose Custody Solutions?

    Figure HELOC vs Ondo Finance Whitepaper Comparison: Which RWA Project Has the Stronger Vision?

    Figure HELOC vs Ondo Finance Whitepaper Comparison: Which RWA Project Has the Stronger Vision?

    Morgan Stanley Maintains Rating on South Korean Tech Sector, Target Prices for Samsung and SK Hynix Indicate 65% and 74% Upside Potential

    Morgan Stanley Maintains Rating on South Korean Tech Sector, Target Prices for Samsung and SK Hynix Indicate 65% and 74% Upside Potential

    Wyoming reveals indirect HYPE exposure in second quarter 13F filing

    Wyoming reveals indirect HYPE exposure in second quarter 13F filing

    Financial Services Agency Unifies Cyber Reporting Formats Across 17 Areas

    Financial Services Agency Unifies Cyber Reporting Formats Across 17 Areas

    Bitcoin developer says self-custody fears cost him gains

    China’s Kimi K3 Broke Out of Its Sandbox to Look Up Test Answers

    Strategy Sells 1,638 Bitcoins; Saylor: I Haven't Sold a Single Satoshi

    Iranian Cleric Threatens Gulf States with Missiles Over Dependence on the U.S.

    A senior Iranian cleric has issued a warning to Gulf states: if they continue to depend on the United States, they could become targets of missile attacks. This rhetoric raises geopolitical tensions and undermines expectations for an agreement between Washington and Tehran, as reflected in predictio...

    Saudi Arabia, Pakistan, and Turkey Sign Historic Defense Agreement in Mecca

    Saudi Arabia, Pakistan, and Turkey signed a joint defense agreement in Mecca, creating a new military alliance that could redefine the balance of power in the Middle East. The trilateral pact, involving three nuclear and conventional powers, comes amid rising regional tensions and aims to complement...

    Institutional Demand Emerges, On-Chain Fixed-Rate Lending May Experience a Real Turning Point

    ...
    Exclusive new user rewards
    Sign up to get 10 USDT
    Exclusive new user rewardsSign up

    Contents

    In Brief
    Whales Collect 20,000 BTC While the Market Stalls
    Bitcoin ETFs Find Their Best Pace Since April
    SPOT
    The $65,000 Threshold Holds the Final Word

    Latest articles

    2026/08/07

    Bitcoin: 20,000 BTC Accumulated by Large Wallets Since Late July

    SPOTSPOT
    00.00%--
    NOWNOW
    00.00%--
    THETHE
    00.00%--
    PROVEPROVE
    00.00%--
    2026/08/07

    On-chain Analysis of Cryptocurrencies: When Exchange Reserves Can Deceive

    On-chain analysis of cryptocurrencies often relies on exchange reserves: they show how many coins are currently held in the wallets of centralized platforms. This metric is useful, but it needs to be interpreted carefully: reserves work better over a horizon of weeks and months, and sharp spikes on ...
    SPOTSPOT
    00.00%--
    REALREAL
    00.00%--
    COINCOIN
    00.00%--
    2026/08/07

    Blockchain is No Longer Replacing Wall Street; It is Becoming a New Pipeline for Wall Street

    SPOTSPOT
    00.00%--
    INDEXINDEX
    00.00%--
    REALREAL
    00.00%--
    2026/08/07

    TokenInsight July Report: MEXC Tops BTC, ETH, and Silver Futures Depth

    SPOTSPOT
    00.00%--
    INDEXINDEX
    00.00%--
    BASEDBASED
    00.00%--
    2026/08/07

    Crypto: Tokenized Finance Soars While DeFi Loses Ground

    SPOTSPOT
    00.00%--
    NOWNOW
    00.00%--
    COSTCOST
    00.00%--
    THETHE
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download