According to The Data Nerd (@OnchainDataNerd), whale address bc1qc withdrew a total of 4,611 BTC, valued at approximately $475.28 million, within a single week, with an average entry price of around $103,075 per BTC. This accumulation brings the address's total holdings to 22,223 BTC (about $2.36 billion), ranking it among the top 40 Bitcoin holders. Such significant whale accumulation can impact market liquidity and signal increased institutional or high-net-worth investor confidence, which traders should monitor for potential price volatility and upward pressure in the short term. Source: The Data Nerd on Twitter, May 21, 2025.