Whales have net bought 270,000 $BTC over the past 30 days, marking the largest monthly accumulation since 2013. Exchange reserves have dipped to 2.21 million BTC, hitting a 7-year low. Someone is moving big amounts.


The number of addresses holding over 1,000 BTC has risen to 2,140, up by 58 since December 2025. Long-term holders control 78.3% of the circulating supply, a 4% increase from 74.1% at the beginning of the year. The chips are shifting from short-term traders to deep-pocketed investors.
BlackRock's IBIT fund holds approximately 812,000 BTC, valued at around $62 billion, accounting for 62% of the total ETF market share. One institution has gobbled up over 60% of the ETF pie.
The MVRV Z-Score currently sits at 1.2, well below the cycle top of 3.8. Historically, this position is closer to an accumulation zone rather than a bubble zone. Bitcoin is currently priced at $76,757, seemingly calm on the surface.
But every piece of on-chain data is telling you that the big players are not sitting idle.
#TradfiTradingChallenge
BTC0.64%
IBIT-0.52%
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