Crypto Driver
09/01 07:47
Accumulation of Major Bitcoin Investors and Whales
Analytics firm Glassnode says that large Bitcoin investors are gobbling up BTC, fueling the crypto king’s ascent above $100,000. In a post on the social media platform X, Glassnode says that all major Bitcoin cohorts by wallet size are now back in “near-perfect” accumulation mode. The analytics firm released a Trend Accumulation Score chart by cohort, revealing that wallets holding less than one BTC to those with over 10,000 BTC show scores of 1 or near 1, signaling strong accumulation across all investor segments. “Even >10,000 BTC whales are participating at levels last seen in Dec 2024. The alignment across wallet sizes suggests broad-based conviction behind the current BTC uptrend.” At time of writing, Bitcoin is trading at $117,412. Turning to Ethereum, .IMG_20250901_102625_927.jpg
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