Large holders add billions in BTC while small wallets take profits, signaling potential upside momentum
Bitcoin market structure is showing increasingly bullish signals as large holders continue to accumulate while retail investors sell into recent price strength. This divergence, backed by on-chain data, often precedes renewed upward momentum in crypto markets.
Bitcoin Whale Accumulation Signals Bullish Market Conditions
On-chain data shows that whales and sharks holding between 10 and 10,000 BTC have accumulated 56,227 BTC since mid-December, worth more than $5.3 billion at current prices. This accumulation phase coincided with Bitcoin forming a local market bottom, even as prices moved sideways.
Historically, crypto markets tend to follow the actions of large stakeholders, while smaller retail wallets often exit too early. Recent data indicates that retail traders holding less than 0.01 BTC are taking profits, expecting a potential bull trap. This behavior has strengthened the bullish divergence.
Whale accumulation combined with retail selling has historically supported market cap growth.
Bitcoin has remained rangebound for roughly six weeks, trading between $87,000 and $94,000. Price recently touched the upper end of this range, reaching $94,800, suggesting growing bullish pressure.
Structure analysis shows supply redistribution, reduced profit-taking, and low overall leverage, even as futures markets experience short squeezes.Key resistance sits between $95,000 and $100,000, while immediate support lies near $88,000 to $90,000. A sustained breakout above resistance could mark the next leg higher.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.