- Bitcoin wallets holding over 10,000 BTC show a near-perfect accumulation trend score of 0.9, indicating aggressive acquisition behavior.
- Mid-tier holders with 1,000–10,000 BTC also display strong accumulation, pushing the group’s score to 0.7 and signaling coordinated buying.
- Over $5 billion worth of Bitcoin has been accumulated by large holders since March, echoing trends seen ahead of major past rallies.
Wallets holding more than 10,000 BTC have resumed heavy accumulation, according to the latest data from blockchain analytics firm Glassnode. These high-volume wallets are showing a trend accumulation score of 0.9, the strongest level in recent memory.
The Glassnode metrics demonstrate wallets that possess between 1,000 and 10,000 BTC coins show dedication towards purchasing. The trend among these mid-sized holders reinforces the buying activity of larger wallets.
Coordinated Whale Behavior Raises Market Interest
The synchronized accumulation across large and mid-tier wallets is notable. Past accumulation phases have typically shown scattered behavior across different wallet sizes. This time, the alignment points to a unified outlook on Bitcoin’s price trajectory among major holders.
Since early March, whales have acquired tens of thousands of BTC, representing a haul exceeding $5 billion. This accumulation surge mirrors behavior observed in early 2023, when Bitcoin’s price jumped significantly after similar buying trends by large wallets.
Market Dynamics Suggest Imminent Tightening of Supply
The surge of whale purchases currently occurs during Bitcoin’s trading above $90,000 price level. Such accumulative activity presents an opportunity for analysts to predict a future supply reduction. Research indicates that market conditions that create price surges occur when retail investors join markets whose supply interacts with these conditions as retail interest speeds up.
This wave of accumulation includes activity from both long-standing and newly emerged large holders. The recent influx of new whale wallets further emphasizes the renewed institutional interest in Bitcoin as macroeconomic factors shift in favor of hard assets.
With ETF inflows rising and discussions of national-level Bitcoin adoption reappearing, market participants are closely watching liquidity trends. If the current pace of whale accumulation continues, reduced availability may strain supply just as demand increases.
