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Bitcoin whale holdings on Gate.io triple to 16% as BTC stays under $60K in Q2 downturn

Market News
30 Jun 2026
NewsBTC
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Neutral
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CryptoQuant reports that the share of Bitcoin held by large investors (whales) on the exchange Gate.io has tripled to 16% during the second quarter. This increase coincides with Bitcoin's price remaining below $60,000 amid a market downturn. The rising whale share suggests that large holders are accumulating or consolidating their Bitcoin positions while prices are suppressed, which could impact future price movements.

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