Bitcoin Dips to $68.1K as Whales Buy 61,568 BTC in a Month

Highlights:

• Whales and retail investors have continued to accumulate Bitcoin even as the token dropped to about $68,000. 
• Santiment reported that whales and retailers are accumulating at the same rate, which could prevent the asset from breaking out. 
• Bitcoin continues to trade around the $68,000 region despite consistent token accumulation. 

On-chain analytics platform Santiment has spotted consistent Bitcoin (BTC) accumulation by large investors and retailers. According to Santiment, these investors continued to demonstrate strong faith in BTC even after the token dropped to about $68,100 on March 26. For context, whales and sharks with 10 to 10,000 BTC added 61,568 BTC to their holdings in the past month, representing a 0.45% rise. Santiment described this trend as a promising sign, which could lead to an eventual BTC price breakout. 

At the same time, smaller holders are also accumulating BTC. Santiment reported that wallets with less than 0.01 BTC have increased their holdings by about 0.42% over the same period. They purchased an additional 213 tokens, suggesting that retail investors are participating in BTC acquisition at almost the same pace as the large investors. Despite the consistent accumulation pattern, Bitcoin has failed to break out of its current price range.

🐳📈 Despite dipping to $68.1K today, Bitcoin's key stakeholders are accumulating. Whales and sharks with 10-10K $BTC have accumulated 61,568 BTC (+0.45%) in the past month, which is a promising sign of an eventual breakout from this range.

🤑 Besides the current macroeconomic… pic.twitter.com/YDbRYNYH85

— Santiment (@santimentfeed) March 26, 2026

Santiment Explains Reasons for BTC’s Current Price Movement

According to the analytical intelligence platform, global economic concerns continue to affect the market. However, another contributing factor to the current trend is retail investors’ behaviour. When small-scale traders rush in too quickly, it tends to slow BTC’s price movement instead of pushing it higher. During past market cycles, BTC’s strongest spikes often happen when whales are buying while retailers are selling or staying cautious.

Santiment stated:

“Ideally, the ranging pattern will break upwards when large wallets are accumulating, while retail is dumping. This has historically been a very reliable pattern to signal the start of bull cycles.”

BTC Continues to Trade Around the $68,000 Region

At the time of writing, the crypto market is down 1.9% in the past 24-hours. It has a market cap of $2.433 trillion and a trading volume of about $105.096 billion. Bitcoin is also down by a similar margin and trading at about $68,564. BTC’s dominance sits at 56.4% with a market cap of $1.37 trillion and a trading volume of about $49.28 billion. Over the past 7 days and 14 days, Bitcoin dropped by 3.1% and 4.2%, respectively. However, it is up 5.7% month-to-date. 

On Coincodex, Bitcoin’s supply inflation is low at 0.86%, with a medium volatility of 3.13%. “Fear & Greed Index” continues to point towards “Extreme Fear” (10), while sentiment remains bearish. In the past year, BTC has outperformed 61% of the top 100 performing cryptocurrencies despite dropping by 21% during the same period. Out of the past 30 days, BTC traded profitably on 15 days, with high liquidity based on its market cap. The asset is still trading below its 200-day Simple Moving Average (SMA).

MARA Holdings Sells Large Portion of BTC as the Asset Dips to $68.1K

Despite the accumulation trend, MARA Holdings, the second-largest publicly traded holder of BTC after Strategy, sold 15,133 BTC for $1.1 billion at an average cost of $72,689 per token. The token sales happened between 4 March and 25 March.

As of February 26, MARA holds 53,822 BTC, valued at about $3.74 billion. The company explained that the sale was not a reaction to market pressure. However, it was a deliberate and planned effort to improve the company’s financial position via investment diversification.

Bitcoin miner MARA(@MARA) sold 15,133 $BTC($1.1B) at an average price of ~$72,689 between Mar 4 and Mar 25, 2026.

As of Feb 26, 2026, #MARA holds 53,822 $BTC($3.74B) and is the second-largest publicly traded holder of $BTC after Strategy.https://t.co/vZm5p1uFjd pic.twitter.com/qPHUeuJodm

— Lookonchain (@lookonchain) March 26, 2026