Institutions and Whales Drive Crypto Market Activity with Major BTC and ETH Accumulations

News Flash 2025-12-08 23:35

In the week from December 1 to December 7, 2025, the cryptocurrency market saw significant activity as institutions and whales made substantial investments. The total stablecoin market cap rose by $2.45 billion, reflecting increased market confidence. Trading volumes on decentralized exchanges (DEXs) and protocol revenues also experienced notable growth. Institutional investors acquired 11,260.51 BTC, valued at approximately $1.02 billion, with nine public companies increasing their Bitcoin holdings. Meanwhile, Tom Lee's Bitmine purchased an additional 138,452 ETH, worth $434.74 million, bringing its total holdings to 3,864,951 ETH, valued at $12.13 billion. Additionally, two long-dormant whale wallets reactivated, transferring 2,000 BTC, valued at $178 million, to new addresses. A mysterious whale, identified as "0xBC64," acquired $35.7 million worth of 12 different assets during a market dip, moving them to an on-chain wallet.

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