Recent analysis of Bitcoin wallet activity reveals distinct accumulation patterns among different holder cohorts, suggesting evolving market sentiment and potential shifts.
Data confirms a significant increase in holdings among smaller Bitcoin wallets, specifically those holding between 0 and 1 BTC. This surge points towards heightened retail acquisition and potentially strengthening bullish outlooks within this segment.
Simultaneously, the largest holders, often termed ‘whales’, possessing over 10,000 BTC, are also actively increasing their Bitcoin positions. This sustained accumulation among entities with considerable capital underscores confidence at the high-net-worth level.
In contrast, wallets holding between 1 BTC and 100 BTC depict a more cautious stance, showing mixed accumulation behaviour. This divergence indicates uncertainty or specific strategies at play among mid-tier investors.
The consistency of this accumulating trend is further highlighted by a metric known as the Trend Accumulation Score, which signals ongoing Bitcoin accumulation persisting despite recent market pullbacks.