Accumulation of Large Bitcoin Holdings: A Sign of Strategic Positioning

Analysis of Bitcoin’s on-chain data reveals a significant accumulation trend, highlighting the growing influence of certain investor groups. While overall selling persists, addresses holding 100 to 1,000 BTC (referred to as ‘whales’) are actively distributing their holdings. Wedson’s report, based on the Accumulation Trend – Heatmap Cohort, tracks net changes across various address ranges over a 60-day period, revealing this pattern is consistent.