Bitcoin Whales Acquire $1.2 Billion in BTC Amid ETF Inflows of $754 Million

Markets Bitcoin whales acquire $1.2 billion in BTC amid ETF inflows of $754 million

Large Bitcoin holders accumulate $1.2 billion in BTC while spot ETFs see $754 million in inflows this week.

By Omkar Godbole Aug 7, 2026, 5:45 a.m. 2 min read Make preferred on

Whales controlling between 10 and 10,000 BTC have added over 20,000 BTC, valued at $1.2 billion, since July 29, as prices have remained in a narrow band below $65,000.

During the same period, U.S. spot Bitcoin ETFs attracted $754.69 million in inflows, marking their strongest week since April.

Despite this accumulation, Bitcoin's price has not yet made a significant upward move, with analysts suggesting that a decisive close above $65,000 is needed for a sustained price recovery.

Current data shows that the ongoing buying trend among large players is providing some stability amidst concerns over the stalled progress of the CLARITY Act.

According to blockchain analytics from Santiment, wallets that hold between 10 BTC and 10,000 BTC have collectively acquired over 20,000 BTC worth $1.2 billion, with the market trading within a tight range below $65,000.

“The pattern of significant stakeholders accumulating while smaller holders are selling increases the likelihood of BTC surpassing $70,000 compared to the chances of it falling below $60,000,” Santiment noted on X.

This contrasting trend is linked to the hack of Coldcard hardware wallets that began on July 30, which resulted in the loss of $120 million in Bitcoin. Additionally, uncertainty surrounding the CLARITY Act and lackluster price movements have contributed to smaller holders' disinterest.

The recent ETF flows indicate a potential rebound in institutional interest.

Data from SoSoValue reveals that U.S.-listed spot Bitcoin ETFs garnered $754.69 million from investors this week, positioning them for their best performance since April.

“The most evident change has been in institutional inflows,” said Liya Kalchev, an Analyst at Nexo, regarding the ETF activity. “Spot Bitcoin ETFs have attracted over half a billion dollars in August alone, with inflows increasing throughout the week, including over $240 million just on Wednesday—a stark contrast to June, when these funds experienced their worst month ever,” Kalchev added.

Despite the accumulation of BTC on chain and through ETFs, the spot price has yet to reflect a significant rally. Kalchev remarked that this lack of upward movement suggests that the buyers entering the market may be more tactical than committed, indicating that a true recovery narrative requires a decisive close above $65,000.

Price patterns for BTC hint at the potential for a significant rally, yet the likelihood of the U.S. Senate voting on the CLARITY Act this month remains low, which could hinder momentum. The CLARITY Act is widely viewed as pivotal for unlocking major institutional investments in cryptocurrencies.