Analyst: Retail investors and whales are simultaneously increasing their holdings; whales holding over 10,000 BTC see largest-scale accumulation in two years
Odaily Planet Daily reports that, according to analyst Murphy's post on platform X, data shows that retail addresses holding less than 1 BTC have accumulated a net total of 23,074 BTC over the past 30 days. Previously, there were three rounds of significant buying near Bitcoin prices of approximately $66,000, $70,000, and $80,000.
Meanwhile, whale addresses holding over 10,000 BTC began large-scale accumulation from around the $66,000 level, with a peak 30-day balance increase of 140,699 BTC. This marks the largest net growth in nearly two years, exhibiting clear signs of position-building.
Analysts suggest that the investors currently still actively participating in Bitcoin trading in the market have mostly experienced multiple market cycles. The large-scale inflow of whale funds also indicates that the market is evolving in the direction of least resistance.
