Analyst: BTC retail investors and whales have recently increased their holdings simultaneously, with whales holding over 10,000 BTC making their largest accumulation in two years.
Odaily reported that, according to analyst Murphy on the X platform, data shows that retail addresses holding less than 1 BTC have accumulated an additional 23,074 BTC over the past 30 days. Previously, there were three significant rounds of accumulation when Bitcoin was around $66,000, $70,000, and $80,000.
Meanwhile, whale addresses holding more than 10,000 BTC have also begun large-scale accumulation since around $66,000. In the past 30 days, their balance increased by 140,699 BTC—the largest net increase in nearly two years—showing clear signs of position building.
Analysts believe that most investors currently still participating in Bitcoin trading have experienced several cycles. The large inflow of whale funds also reflects that the market is moving in a direction with less resistance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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