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Data: Analysis: Bitcoin Whales Resume Accumulation Recently, Correction Expected to Continue
Mars Finance reports that, according to Cointlegraph, Santiment on-chain data shows that wallets holding 10-10,000 BTC control 68.17% of the total Bitcoin supply (up from 68.07% seven days ago), indicating recent accumulation rebound and being seen as a “positive reversal” and bullish signal. One week ago, whales sold about 66% of their holdings when the price broke above $74,000. Small wallets (0.01 BTC) continued to accumulate, especially when the price fell below $70,000. Santiment warns that the “retail buy + whale sell” pattern has historically often signaled that the correction is not over.