分析师：比特币下跌阶段强手持续吸筹，大户持仓刷新历史新高

CryptoQuant analyst Darkfost stated on X platform that during this correction, large investors holding more than 1 Bitcoin are taking advantage of the price decline to increase their positions. Their total BTC holdings have risen to a new all-time high, exceeding 16.8 million coins, indicating that long-term allocation demand continues to strengthen and further reflecting the institutionalization trend of Bitcoin assets.

Data shows that the holdings of this type of investor continue to rise, suggesting that market participants are more inclined towards asset allocation from a long-term perspective rather than short-term trading.

On the retail level, analysis indicates that there are also signs of re-accumulation at present, but overall sentiment remains cautious. Current retail holdings are approximately 1.7 million BTC, still below the historical high set in December 2023. Some retail investors chose to take profits during the previous rally, while others may have adjusted their exposure through more convenient channels such as ETFs.

Analysis suggests that although the behavior paces of different investor groups differ, the overall market is gradually forming a consensus that the current stage is more inclined towards a long-term allocation window. The trend of funds re-entering the accumulation phase is strengthening.