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Bitcoin Price Stability Signal: Reached Perfect Level in 15 Days! - Koin Bulletin
Bitcoin (BTC) whales achieving an excellent accumulation level in the last 15 days signals that the price could find stability after the dump is over.
According to Glassnode data, the positions of Bitcoin whale addresses holding 10,000 BTC showed a perfect accumulation score of 1.0 at the beginning of the month. This reflects a significant buying movement in the last 15 days. The score in question has currently dropped to around 0.65 but still indicates a stable accumulation process.
During this period, a clear distinction is observed between small and large investors. In particular, investors holding between 1 BTC and 100 BTC continue to distribute, and the accumulation score of this group is trading between 0.1 and 0.2. This situation indicates that the gap between small investors and large investors is widening.
After the current drop in Bitcoin's price, this accumulation movement by the whales signals that the negative trend may come to an end and the price could stabilize. These movements indicate that large investors have a strong control over the market, while small investors are tending to distribute more.