{
  "id": 1790018,
  "title": "Large Holders Pour $2.75 Billion into Bitcoin After Months of Selling",
  "url": "https://urgent.news/2026/08/18/large-holders-pour-2-75-billion-into-bitcoin-after-months-of-selling",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T20:03:14.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/blockchain/bitcoin/2026/large-holders-pour-2-75-billion-into-bitcoin-after-months-of-selling/"
  },
  "original_language": "en",
  "account": "After a period of selling, large holders have purchased approximately 43,000 bitcoins worth about $2.75 billion within the last 60 days, according to Bloomberg, citing data from CryptoQuant. The whales, alongside smaller holders, recommenced buying when the coin traded around $60,000, following a drop of nearly 50% from its October peak. Retail traders exited the market during the slump, crypto funds suffered billions in losses, and Strategy Inc., a significant buyer, turned into a seller. The renewed buying by whales might signal a market bottom and potential rise, but there are concerns regarding the loss of retail investors and reduced participation, as August spot volumes were the lowest for the month since August 2021. Bitcoin surged by over 2% in the past 24 hours, reaching $64,900, which is near the higher end of its price range of $62,000 to $65,000 since early June. ETFs offering exposure to bitcoin's price saw stronger inflows of more than $850 million during the week following a crypto exchange hack, which drained about $130 million in bitcoin. Some analysts believe investors may be seeking the security of regulated ETFs. Bitcoin's price plummeted to $59,023 on June 24, the lowest since October 2024, due to retail traders losing interest in the asset as they shifted focus to artificial intelligence stocks, Strategy Inc.'s billions in unrealized losses, and ETF buyers being underwater if they had purchased at higher prices.",
  "summary": "After months of selling bitcoin, large holders have bought about 43,000 of the coins over the past 60 days, Bloomberg reported Tuesday (Aug. 18), citing data from CryptoQuant. Those coins are worth about $2.75 billion at current prices, according to the report. The so-called bitcoin whales, together with dolphins who have smaller holdings, began buying bitcoin again when the coin […] The post…",
  "key_points": [
    "Large holders purchased 43,000 bitcoins worth $2.75 billion in 60 days",
    "Whales resumed buying when Bitcoin traded around $60,000 after 50% drop",
    "ETFs saw $850 million inflows after crypto exchange hack drained $130M"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}