{"id":23852,"date":"2026-03-15T17:53:22","date_gmt":"2026-03-15T17:53:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/whale-wallets-ramp-up-bitcoin-buying-as-price-hovers-around-71k\/"},"modified":"2026-03-15T17:53:28","modified_gmt":"2026-03-15T17:53:28","slug":"whale-wallets-ramp-up-bitcoin-buying-as-price-hovers-around-71k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/whale-wallets-ramp-up-bitcoin-buying-as-price-hovers-around-71k\/","title":{"rendered":"Whale wallets ramp up Bitcoin buying as price hovers around $71K"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment.<\/p>\n<div id=\"cn-block-summary-block_741b492cf57ad8616cc0cbea3bb3d126\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin whales resumed accumulation after two weeks of selling.<\/li>\n<li>BTC gained 2.4% while the S&amp;P 500 fell 2.2% over five weeks.<\/li>\n<li>Long-term holder MVRV at -25% signals potential accumulation zone.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Wallets holding between 10 and 10,000 BTC <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.santiment.net\/insights\/read\/this-week-in-crypto-full-written-summary-w2-march-2026-10656?utm_source=weekly&amp;utm_medium=email&amp;utm_campaign=year2026week10\" target=\"_blank\" rel=\"nofollow\">reversed<\/a> course from active selling to net accumulation roughly two weeks ago.<\/p>\n<p>The reversal comes as Bitcoin holds gains against a weakening S&amp;P 500. Over the past five weeks, the S&amp;P 500 fell approximately 2.2%, while Bitcoin gained 2.4%.<\/p>\n<p>Gold rose 3.7% over the same period. Santiment analysts attribute the divergence to Bitcoin\u2019s lack of ties to any single country\u2019s economy.<\/p>\n<p>They also drew attention from holders looking outside traditional equities amid ongoing geopolitical conflict involving the US, Israel, and Iran.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Whale wallets ramp up Bitcoin buying as price hovers around $71K<\/h2>\n<p>The accumulation among 10\u201310,000 BTC wallets is a closely tracked metric on Santiment\u2019s platform.<\/p>\n<p>These entities hold more than 66% of the circulating supply, and their activity tends to carry more weight than smaller retail positions.<\/p>\n<p>Retail traders have continued buying through the price dip, which Santiment flags as a potential counter-signal.<\/p>\n<p>At present, positive social commentary on crypto platforms outnumbers negative commentary at a 2:1 ratio, the highest reading in six weeks.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin MVRV data points to long-term holder stress<\/h2>\n<p>The 365-day Market Value to Realized Value (MVRV) reading for Bitcoin sits at -25%. Long-term holders are currently underwater on their positions.<\/p>\n<p>Santiment\u2019s historical data shows that buying when long-term holders are in the red has offered a better risk-to-reward setup than entering when they are in profit.<\/p>\n<p>Short-term holders, measured over 30 days, carry an MVRV of +4.7%, raising the possibility of near-term selling pressure from that cohort.<\/p>\n<p>Funding rates across exchanges remain negative, with more traders positioned short than long. Santiment notes this creates conditions for a short squeeze if prices move upward.<\/p>\n<p>Whale transaction volumes hit an approximately 1.5-year low on March 7th. The total count of non-zero Bitcoin wallets also reached an all-time high of 58.59 million.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment. Summary Bitcoin whales resumed accumulation after two weeks of selling. BTC gained&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23852"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23852\/revisions"}],"predecessor-version":[{"id":23853,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23852\/revisions\/23853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15282"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}