Recent data reveals a notable increase in Bitcoin holdings by large investors, reaching an all-time high of 19,130 addresses holding more than 100 BTC. This trend coincides with the historically weak performance of September for Bitcoin, which has averaged a monthly decline of -4.68% since 2010. Despite this seasonal pattern, the price of Bitcoin remains steady at $108,665, displaying a slight positive gain of 0.29%. Analysis by Bitwise Asset Management suggests seasonal patterns exist in Bitcoin’s performance, with September consistently serving as its weakest month. On the other hand, April and November have shown to be strong months for growth, with averages of 32.85% and 38.50% respectively. While these historical trends offer context, they cannot guarantee similar outcomes in the future. The latest increase in large-scale Bitcoin accumulation has fueled interest from traders and institutions, who are watching closely to see if the market anticipates further growth or will be impacted by a typical September decline.