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Bitcoin Surge: Whale Shark Wallets Accumulate

Bitcoin Whale and Shark Wallet Accumulation Trends

  • Over the past 5 days, 1,002 Bitcoin per day accumulated by wallets holding at least 10 BTC.
  • Cycle (July 20 – October 11): 164 BTC/day, price -7.3%.
  • Cycle (October 11 – November 5): 884 BTC/day, price +9.8%.
  • Cycle (November 5 – December 26): 2,060 BTC/day, price +35.8%.
  • Cycle (December 26 – January 15): 156 BTC/day, price +6.2%.
  • Current cycle (January 15 – Today): 1,002 BTC/day, price +2.8%.

Wallets holding at least 10 Bitcoin have significantly impacted market trends, with the current cycle showing an accumulation of 1,002 BTC per day, contributing to a 2.8% price increase.

Source (2.6)https://insights.santiment.net/read/bitcoin-accumulation-looking-strong-from-whale-and-shark-wallets-once-again-8402
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