2026-01-21 10:21:13

Bitcoin early builder Adam Back recently shared an interesting phenomenon in the market. An unknown large holder has been continuously buying near the BTC price level at an astonishing speed.

The data is straightforward: this whale trader is purchasing 450 BTC daily. The initial pace was 300 per day, but as the price surged around $90,000, the buying rhythm clearly accelerated to 450.

More intriguingly, this volume is almost equivalent to the total daily mining output of the Bitcoin network. From another perspective, the other party is accumulating at a steady rate of about $470 per second. Starting from 3 PM UTC, this continuous buying has been ongoing.

Whether such on-chain buying volume can be sustained and how the market will evolve afterward have become the focus of attention.

BTC-0.6%

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WhaleWatcher

· 5h ago

This whale's move is really impressive. 450 BTC per day and still accelerating. What are they betting on? The higher the price, the more aggressive the buying. Truly fearless. $470 per second being poured in—must be very confident about the future... Accumulating to this extent, even accounts from mining ten years ago are probably still active. How long can this continue? There will be a top someday. If this wave reverses, it would be disastrous, but with this scale, it's not so easy to shake. It feels like betting that Bitcoin is the future global reserve currency.

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