BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End
Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said. The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, examined the recent accumulation by the largest wallets.
It said the steady buying reflects behavior often seen during the closing phase of a bear market.
Whales Accumulate Bitcoin, Ethereum, and XRP For Bitcoin, wallets linked to major holders, excluding exchanges and miners, expanded their combined balance to about 3.06 million BTC this year.
Buying accelerated after Bitcoin fell below $60,000 in June, though holdings remain below the 2025 cycle peak. Ethereum showed an even stronger accumulation trend among its largest holders. Wallets holding between 10,000 and 100,000 ETH reached a record of 19.6 million ETH.
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