Mega Bitcoin Whales Deepen Accumulation as Mid-Tier Holders Show Signs of Buying

by

The cryptocurrency landscape is witnessing a notable shift in investor sentiment as “mega whales” — Bitcoin holders with over 10,000 BTC — intensify their accumulation efforts. According to recent on-chain analysis from Glassnode, these powerful market participants have been boosting their buying activity since March, contributing to a sharp uptick in the Accumulation Trend Score.

A Surge in Confidence Among Top-Tier Investors

This Accumulation Trend Score, which is nearing 0.7 for mega whales, highly suggests increased buying pressure. This behavior reflects a rise in long-term confidence, contrasting with the more distributed activity observed earlier in the year, particularly in February when selling across multiple investor groups was more common.

Mid-Sized Investors Begin to Turn

While mega whales remain the most aggressive in their accumulation, mid-sized investors — those holding between 10 and 100 BTC — are also beginning to show signs of optimism. Their trend score has recently reached 0.5, a threshold indicating a neutral stance that may foreshadow a shift from selling to buying.

  • Mega whales: More than 10,000 BTC — active accumulation
  • Whales: 1,000–10,000 BTC — lower selling pressure but less active
  • Mid-sized investors: 10–100 BTC — transitioning behavior
  • Retail investors: Still cautious with slow recovery in buying behavior

Steady Price Action Amid Shifting Dynamics

Despite the surge in accumulation from top investors, Bitcoin’s price has experienced little volatility and is trading around $64,500. This price stability, paired with increased buying among whales, could suggest a forming foundation for future bullish momentum even while general market sentiment remains reserved.

To explore the full report, visit the original source on TradingView News.

Related posts:

Crypto Analyst Warns Bitcoin Decline May Deepen Before Bull Run Resumes Bitcoin Surges 10% as Long-Term Holders Accumulate Amid Economic Uncertainty MicroStrategy May Be Forced to Sell Bitcoin After Aggressive Accumulation Twelve NGOs Launch Bitcoin Humanitarian Alliance to Support Global Civil Liberties