Addresses holding 100 to 1,000 BTC have stopped accumulating.
And that’s something worth paying attention to.
This range tends to represent the real big players — funds, companies, and professionals — since most addresses holding over 1,000 BTC belong to exchanges.
Here’s the interesting part: just like in 2021, these addresses have paused their accumulation, and the annual variation has started to drop.
And guess what? A few months later, the price slipped and we entered a Bear Market.
This isn’t a rule, nor an automatic sell signal.
But it does show that big players are, at the very least, less excited about accumulating BTC right now.
Charts:
@Alphractal