With Bitcoin still on the bullish side for much of the year, data from on-chain analytics firm Cryptoquant shows a noticeable change in the market dynamics of assets as whales outperform retailers.
Data shows that up to 215,000 dormant BTC tokens have been awakened, exceeding $24.7 billion since its launch in 2025, as institutional traders appear to be taking over the Bitcoin ecosystem. This report occurs amid frequent recurrence of atoshi-era bitcoin dynasty, which is resurfaced with a large amount of BTC.
In particular, large-scale improvements in BTC over the long term suggest that long-term holders or whales are being relocated, so retailers’ impact on increasing Bitcoin momentum appears to have been outweighed by institutions.
Over 255,000 BTC was revitalized in 2024, but over 215,000 BTC has returned to the market this year, bringing about four months of the year to an end. This illustrates the strategic redistribution of capital from facility holders to the Bitcoin ecosystem. So, Bitcoin’s positive trajectory may have been driven not only by market enthusiasm, but also by surge in whale activity.
BTC is more than 500% rockets in average reactivation amount and size
Bitcoin’s performance over the past two years suggests structural changes in market patterns, but the data further showed that the average monthly volume of world-leading cryptocurrencies has skyrocketed from 4,900 BTC recorded in 2023 to 30,674 BTC in 2025.
This marks a massive surge of over 526.53% in the average volume of dormant BTC (present for at least 7 years).
Additionally, Bitcoin’s transaction size has increased from 162 BTC in 2024 to over 1,000 BTC in YTD in 2025, indicating significant growth of over 519% on metrics. This means that the average monthly dormant BTC amounts to 1,000 BTC since the start of 2025, but amid growing institutional interest, large entities seem to be taking over the Bitcoin market more and more.
Apart from the massive re-awakening of large Bitcoin addresses, the surge in whale activity is also evident in the consistent stripes of the prominent influx recorded by the Bitcoin ETF daily.
Nevertheless, this impressive trend drives the Bitcoin ecosystem due to a long-term supply shock. This can push Bitcoin to unexpected highs as exchange liquidity tends to deplete.
