Bitcoin Whales Accumulate 83,000 BTC as Small Holders Exit Positions
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- Whales and sharks holding 10–10K BTC accumulated 83,105 BTC in 30 days
- Retail investors with less than 0.1 BTC dumped 387 BTC in the same period.
- Bitcoin’s daily trading volume jumped from $16 billion to over $27 billion amid US-China tariff breakthrough.
Large Bitcoin holders added more than 83,000 BTC to their wallets in the past 30 days, new data from Santiment shows.
This Bitcoin whale accumulation contrasts sharply with small retail wallets, which reduced their positions by nearly 400 BTC during the same period. The shift suggests growing confidence among whales as retail investors opt to sell, a key finding from Santiment’s on-chain BTC data.
Whales and Sharks Absorb Bitcoin Supply Amid Retail Profit-Taking
Wallets holding between 10 and 10,000 BTC, commonly referred to as whales and sharks, have increased their collective holdings by 83,105 BTC in the past month. This level of accumulation marks a notable shift in on-chain behavior, as these investors are positioning for a potential upward move.
Related: Bitcoin (BTC) Price Prediction for May 14
In contrast, wallets holding less than 0.1 BTC, typically individual or small-scale inves…
The post Bitcoin Whales Accumulate 83,000 BTC as Small Holders Exit Positions appeared first on Coin Edition.
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