Bitcoin Rebounds as Whale Activity Surges

The number of large Bitcoin wallets has surged following Trump’s 90-day tariff suspension, signaling renewed investor confidence in the crypto and tech markets.

Bitcoin Rebounds As Whale Activity Surges

According to data from the on-chain analytics platform Santiment, within just 24 hours, the number of wallets holding 10 or more BTC increased by 132—a clear sign that major investors are returning to the crypto market.

Santiment shared on Twitter on Thursday: “The rise in the number of Bitcoin whales and sharks marks a significant shift since former President Trump announced a 90-day tariff suspension. This reflects growing confidence among key investors in the crypto space.”

The Number Of Bitcoin Whale Wallets Is On The Rise
The Number Of Bitcoin Whale Wallets Is On The Rise

This round of tariff exemptions covers approximately $390 billion worth of goods, with over $100 billion originating from China. The main goal is to give U.S. companies time to adjust and gradually relocate their supply chains away from China. For major tech giants like Apple and Nvidia, this move is seen as a temporary lifeline, helping them avoid the risk of supply chain disruptions. Prior to the exemptions, Apple alone had lost more than $640 billion in market value due to fears of rising production costs and higher retail prices.

Not only has the tech sector breathed a sigh of relief, but the cryptocurrency market also responded strongly. Bitcoin prices surged past the $83,000 mark just hours after the announcement, saw a slight correction on Thursday, and continued its upward trend throughout Friday and into Saturday.

Moreover, vibrant discussions on social media—especially around keywords like “exemption” and “tariffs”—fueled further optimism, showing that the market is closely monitoring every policy move.

Historically, the crypto market has often moved in tandem with high-growth tech stocks—both asset classes viewed as innovation-driven. According to BrainQ, an analyst at Santiment, both sectors are heavily impacted by rising trade tensions. However, when such concerns ease—as they did over the weekend—capital tends to flow swiftly back into both tech and crypto markets simultaneously.

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