Markets· ★★★· bearish·

Whales Accumulated 115K BTC from January to September 16, Started Selling in September

  • Wallets holding 100+ BTC added 115,000 BTC between January 1 and September 16
  • August saw the largest weekly inflows of the year
  • In September, after the drop below $80,000, a weekly net reduction appeared
  • The fully accumulated volume has not been liquidated — this is a change of pace
Why it matters: The shift by large holders toward selling could add pressure on the BTC price near $76,000.
Source: Koin Bülteni