Despite Bitcoin’s inability to exhibit significant price recovery, recent analytics indicate that large investors, often referred to as whales, are steadily increasing their holdings of the leading cryptocurrency.
On February 20th, renowned crypto analyst Ali Martinez disclosed on-chain data showing that these whales have acquired over 30,000 $BTC within the last week.
Whales have accumulated more than 30,000 Bitcoin $BTC in just a week. pic.twitter.com/nkY2w3I07L
— Ali Charts (@alicharts) February 20, 2026
This accumulation suggests a strong belief among major holders despite the current market downturn and has generated optimism among traders who are hopeful for an impending recovery.
Over $2 billion in $BTC purchased within a week
Basing on Bitcoin’s average trading price from the past week—which hovered around $67,000—the substantial whale accumulation amounts to over $2 billion during this timeframe.
This surge in buying activity occurs while Bitcoin continues to trade below its recent peaks amid ongoing selling pressure across the broader cryptocurrency market.
The persistent decline seen across cryptocurrencies has led to a notable drop in Bitcoin’s value recently; it is currently priced at levels reflecting more than a 50% decrease from its all-time high (ATH).
The insights shared by Martinez have sparked discussions within the crypto community. Many believe that this vigorous purchasing trend indicates institutions and prominent investors are seizing opportunities presented by lower prices to bolster their positions.
What lies ahead for Bitcoin?
Although Bitcoin has been on a downward path for an extended period, it remains uncertain whether these significant whale acquisitions will catalyze any upward movement in its price.
Past trends suggest that sustained buying by whales during periods of price declines often precedes medium- to long-term recoveries. Additionally, spot Bitcoin ETFs, which reported healthy inflows of fresh capital at times throughout last week, could also contribute positively if such accumulation persists at this rate—potentially setting up conditions favorable for a rebound in prices.