Bitcoin Sees Fresh Whale Accumulation With Over 26K BTC Added by Top Wallets

• Whale wallets show mixed movement, but large categories returned to accumulation.
• Bitcoin’s on-chain signals entered a zone linked with early accumulation phases in past cycles.
• Market watchers see a long-term structure forming, with some calling for a major impulsive wave ahead.

Bitcoin’s market activity shifted again this week as several whale groups changed their positions across major wallet tiers. Darkfost reported new movements showing that some high-value wallets quietly increased exposure while others trimmed holdings.

Wallets holding more than 10,000 BTC added nearly 26,300 BTC, signaling renewed confidence among the largest players.

At the same time, wallets holding between 100 and 1,000 BTC also increased their positions by about 99,800 BTC, while the 10 to 100 BTC category added another 22,400 BTC.

The only group showing net outflows was the 1,000 to 10,000 BTC tier, which reduced holdings by roughly 112,600 BTC.

These changes imply that some wallets may have shifted categories as price movements adjusted portfolio sizes. When price rallies or declines push wallets across thresholds, it often creates mixed readings.

Even with these shifts, the broader trend points toward whales returning to net accumulation during a period of cooling market conditions.

Also Read: Strategy Plans More Bitcoin Buys, Citing Its 2022 Bear Market Playbook

On-Chain Metrics Enter Zone Linked to Early Accumulation Phases

CryptosRus also noticed other changes occurring in Bitcoin’s market dynamics. The STH-SOPR ratio entered bullish territory, which signifies early purchase behavior in past market cycles.

All this occurred just after Bitcoin dipped into the low 80,000s, which caused many short-term holders to start incurring losses. When short-term traders lose, strong buyers start to come in again, as seen in past market cycles.

In other words, it doesn’t imply Bitcoin reached its ultimate bottom. It’s a region where strategic purchase decisions by fundamental buyers make more sense.

The fall also helped to cut down on excessive leverage, allowing the market to reset. Periods of relative calm, such as this, help to build a strong foundation for the subsequent market move.

If the global cycle holds on course, then the $80K area represents one of the regions where conventional purchase strategies have tended to start.

Bitcoin Long-Term View Targets a Larger Impulsive Move

A perspective from CoinsKid offered the possibility of Bitcoin gearing up for a large move upwards. They believe Bitcoin to have been in the pullback stage of wave two since late last year, despite everyone assuming Bitcoin to have been entering its new bear market since October.

They mentioned Bitcoin formed a strong cup and handle formation, started to move upwards in 2024, and maintained higher lows along the neckline.

They foresee Bitcoin reaching $300,000 if this pattern holds. The area where this theory will be proven wrong would be at the low in April 2025, around $74,000.

Also Read: Bitcoin Breaks Major Long-Term Signal as Cycle Strength Shows First Cracks