Bitcoin Whale Holdings Reach 3.03 Million BTC, Highest Since Nov. 2025
Large holders are accumulating as U.S. spot Bitcoin ETF flows turn positive, while borrowing rises among users with more than $10 million in Bitcoin-backed loans.

Bitcoin (BTC) whale addresses now hold 3.03 million BTC, the highest level since Nov. 21, 2025, as large holders shift from distribution to accumulation and U.S. spot Bitcoin ETF flows turn positive.
The 30-day growth rate for whale holdings is also at its fastest pace since February 2026. The measure excludes exchange and mining-pool addresses and tracks balances held by large Bitcoin wallets.
U.S. spot Bitcoin ETFs have recorded about 2,300 BTC in cumulative net inflows so far this year, worth roughly $1.5 billion. The flow balance had previously reached cumulative net outflows of about 83,000 BTC earlier in the year.
Borrowing trends are diverging by customer size. Users with more than $10 million in Bitcoin-backed loans increased their September USDT borrowing by 83.30%. Borrowers taking out less than $100,000 reduced their total borrowing by 17.20%.
The data show increased Bitcoin accumulation among large holders and positive year-to-date ETF net flows, while borrowers taking out less than $100,000 reduced their total borrowing. The latest readings extend earlier TokenPost coverage of rising Bitcoin whale holdings with updated balances and lending figures.