Crypto NewsAnalysisAccording to Data, Whales Have Stopped Accumulating Bitcoin: What Does This Mean?

According to Data, Whales Have Stopped Accumulating Bitcoin: What Does This Mean?

Cryptocurrency analyst Joao Wedson explained that, according to onchain data, large whales have not been accumulating Bitcoin for a while.

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Cryptocurrency analyst Joao Wedson has announced that addresses holding between 100 and 1,000 BTC have stopped accumulating, pointing to a significant structural shift in the Bitcoin market.

This range is considered critical for interpreting institutional trends because it often represents funds, companies, and professional investors. According to Wedson, a halt in accumulation by these wallets is a signal to watch closely for the future of the market.

Wedson notes that this behavior is similar to the 2021 cycle. During that period, the annual accumulation curve for addresses of the same size turned downward, and within a few months, Bitcoin's price began to weaken, transitioning into a bear market. The current pause is believed to indicate that institutional investors are once again adopting a cautious stance.

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According to the analyst, this situation doesn't directly signal a sell signal or automatically signal the start of a bear market. However, the fact that large whales have stopped accumulating aggressively is a significant warning sign regarding liquidity and demand dynamics. The decline in institutional interest in the market suggests that price movements may weaken in the medium term.

*This is not investment advice.

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