60,000 BTC Bought by Whales in 7 Days: Will Bitcoin Pump or Dump?

Bitcoin added over 10% to its value in the past week, reaching a new all-time high of $126,080. This move comes as whale wallets acquired more than 60,000 BTC in just seven days, according to analyst Ali ￰0￱ of press time, Bitcoin was trading at $124,500, with a 24-hour trading volume of over $64 ￰1￱ question is whether this trend can continue or if a short-term shift is ￰2￱ Activity Behind Price Increase Per data obtained from wallet addresses holding from 100 to 1000 BTC, over 60,000 coins were added in the last week, bringing holdings to 5.11 million ￰3￱ change came after a period of accumulation that set in during August but peaked sharply in early ￰4￱ 60,000 Bitcoin $BTC bought by whales in one week! ￰5￱ — Ali (@ali_charts) October 6, 2025 During this time, Bitcoin rose from $110,000 to over $124,000, showing a clear connection between considerable wallet accumulation and upward price ￰6￱ data confirms both metrics moved together recently, suggesting that renewed interest from large holders may have supported the ￰7￱ addition, CW noted that the realized capitalization of “new whales” has surged in recent weeks.

A chart tracking wallet cohorts shows that new capital from recently active large holders has increased quickly in 2025, while older whales have remained mostly ￰8￱ shift suggests newer market participants are playing a key role in the current price move.) October 7, 2025 Watch Levels: $128K or Pullback? Bitcoin has moved above $126,000. Ted said the next resistance is near $128,000. If buying continues, price may push toward that level.

Still, sell-side liquidity is growing below, which could trigger a move down before any further ￰9￱ Capital pointed out that Bitcoin may have ended its second correction in the current price cycle and could now be starting a new stage of trend ￰10￱ mixed signals across whale behavior, momentum, and order book data, the coming sessions may provide more clarity.