Bitcoin Price (BTC) Analysis: Whales Step In

The recent activity of Bitcoin whales indicates a shift in the market dynamics as the count of entities holding at least 1,000 BTC has increased to 1,436, despite Bitcoin's decline below $100,000. This marks a reversal in the trend of 2025 when larger holders were primarily net sellers. Historically, substantial increases in the number of large holders have often preceded significant price rallies, such as seen in January 2024. The Accumulation Trend Score from Glassnode further supports this view, showing that larger holders of more than 10,000 BTC have transitioned from heavy selling to accumulation. Meanwhile, smaller entities are also showing signs of confidence, with those holding from 100 to 1000 BTC accumulating significantly. This wave of accumulation suggests a growing belief that Bitcoin is currently undervalued amid broader market weakness.

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