21h ago
Bitcoin Whales Accumulate 270,000 BTC in 30 Days; Short-Term Selling Persists
On-chain data indicates that large Bitcoin wallets accumulated roughly 270,000 BTC over the past 30 days, about 1.3% of the total supply. In dollar terms, nearly $23 billion shifted into longer-term holdings, the strongest net buy from this cohort in roughly 13 years. Short-term metrics still show selling pressure, reducing the odds of an immediate breakout.