27 March 2025 | Bitcoin

Glassdoor sees rise in number of bitcoin whales with 10,000 BTC holdings

Glassdoor sees rise in number of bitcoin whales with 10,000 BTC holdings

According to Glassdoor, the number of major bitcoin holders with at least 10,000 BTC in assets continues to grow. This indicates increasing conviction in the major cryptocurrency, despite challenging market conditions in 2025. Whales seem to be preparing for a potential bitcoin rally by focusing on favorable macroeconomic circumstances and other positive factors, the organization believes.

However, as reported by Santiment, there has been a recent change in the behavior of major market players. They started actively accumulating bitcoins and then stopped buying. In early March, whales resumed this process, adding another 5,000 BTC to their portfolios. At the same time, the price of the asset has not yet shown significant changes in response to these actions.

Bloomberg Intelligence strategist Mike McGlone expresses fears of a sharp fall in the price of bitcoin this year, linking it to tough foreign economic policy of the United States. As he suggests, after reaching a peak of $100,000 the cryptocurrency could face serious losses. He did not specify whether this scenario is already being realized now or is expected later this year.

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