Early June 2025 witnessed a surge in activity among cryptocurrency whales, who made significant moves across various major assets. Whale Alert revealed a substantial transfer of over $1.3 billion worth of Bitcoin from exchanges to private wallets on June 5th, indicating accumulation by these influential investors. Glassnode confirmed that large BTC holders are back to accumulating rather than distributing their holdings. This buying spree has coincided with a price surge for Bitcoin and other altcoins like Ethereum (ETH), Solana (SOL), and Arbitrum (ARB). 50% of the trading volume is contributed by these whales. Notably, they shifted between $1.1 billion in Bitcoin on June 3rd to private wallets and a 470 million XRP transfer from Ripple escrow that was then released into market for trading.