Bitcoin Price (BTC) Analysis: Whales Step In

Recent activity indicates a rise in the number of entities holding at least 1,000 BTC, which has increased to 1,436, despite Bitcoin's drop to multi-month lows. This development marks a reversal from the 2025 trend, where larger holders were predominantly net sellers. During this period, whale activity suggests strategic positioning as Bitcoin struggles to maintain value below $100,000. The last time a surge in large holders led to a price rally was in January 2024, when their numbers increased before a significant price peak. Moreover, the Accumulation Trend Score from Glassnode indicates that whales holding over 10,000 BTC are not selling significantly, with a score of around 0.5. Smaller holders, particularly those with balances between 100 to 1,000 BTC, are also showing signs of accumulation. This data hints at an emerging conviction among both large and small holders that Bitcoin is presently undervalued.

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