Markets· ★★★· neutral·

CryptoQuant: Whale Wallets Hit 3.02M BTC, but No Rally Confirmation Yet

  • —Wallets with 1,000–10,000 BTC now hold 3.02M BTC, up 84,000 BTC in 30 days
  • —Weekly accumulation slowed from 55,000 BTC to 16,500 BTC
  • —CryptoQuant's apparent demand gauge has been negative since Aug. 30, last at −23,000 BTC
  • —U.S. spot bitcoin ETFs bled $744.3 million between Oct. 5 and Oct. 12
Why it matters: Whale accumulation is building support, but without a rebound in spot demand and ETF inflows a sustained rally remains unconfirmed.
#BTC
Source: Happycoin.club
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