Michael Saylor Hints At New Bitcoin Purchase As Whale Activity Grows

Strategy eyes $1.4B-$1.6B Bitcoin buy after $555M purchase at $84,785 average.

Bitcoin whale wallets jump from 124K to 137.6K in April.

US Bitcoin ETFs net $3B inflows in one week, fueling 12% BTC price recovery

Michael Saylor, co-founder of Strategy, has hinted at a potential new Bitcoin purchase as large investors intensify accumulation efforts. Following its recent purchase of $555 million worth of Bitcoin which it announced a week ago, Strategy has made this new move. The company purchased Bitcoin for an average cost of $84,785 per unit which strengthened its status as the global corporate leader in Bitcoin ownership.

On April 27, Saylor posted "Stay Humble. Stack Sats" on social media, sparking immediate speculation about another sizable investment. Blockchain analyst RunnerXBT suggested that the next purchase could range between $1.4 billion and $1.6 billion.

If confirmed, it would triple the value of Strategy’s latest acquisition, further strengthening its Bitcoin treasury which already holds over 538,200 coins valued at more than $50.5 billion according to Bitbo data.

Institutional Momentum Continues to Build

Besides Strategy’s moves, whale activity across the Bitcoin market has been intensifying throughout April. Whale wallets holding at least $1 million in Bitcoin have surged from 124,000 on April 7 to over 137,600 by April 26, based on Glassnode statistics.

Additionally, wallets with over 10,000 Bitcoin have shown aggressive buying behavior, maintaining a strong trend score of 0.90. Market analysts observe that smaller investors are now adopting long-term holding strategies. The recent upward movement of Bitcoin above $94,000 reflects strong buying pressure which enabled the recovery of the cryptocurrency.

The forceful accumulation by big investors indicates their increasing confidence in financial markets. Bitcoin continues trading below $100,000 at this essential period which shows that institutions and whales are preparing for long-term investments.

Bitcoin ETFs See Significant Inflows

Significantly, the surge in Bitcoin activity is not limited to direct purchases. Spot Bitcoin exchange-traded funds (ETFs) in the United States have recorded over $3 billion in cumulative net inflows during the past week, according to Farside Investors. This marks the second-highest week of net investments since the launch of these ETFs.

Consequently, the combination of strong ETF inflows and whale accumulation has fueled a near 12% weekly recovery in Bitcoin’s price. Analysts attribute this movement to sustained demand from both institutional investors and new market entrants seeking exposure through regulated financial products.

Additionally, companies inspired by Strategy’s aggressive Bitcoin strategy are stepping up their own holdings. Japanese investment firm Metaplanet recently surpassed 5,000 Bitcoin in its treasury as part of its broader push to promote Bitcoin adoption across Asia.

Future Outlook Strengthened by Strategic Investments

The growing momentum among whales and institutions underscores a strengthening outlook for Bitcoin’s adoption. Strategy’s anticipated new investment signals continued corporate interest at current price levels.

Furthermore, the broader uptick in institutional involvement through ETFs and direct holdings points toward a sustained phase of accumulation.

Besides, with Bitcoin’s price stabilizing around $94,000, market observers note that the current environment is providing attractive entry points for long-term investors. Consequently, the convergence of whale buying, corporate investments, and ETF inflows is shaping a resilient market structure ahead of key psychological price milestones.