Bitcoin whales are increasing because long-term holders reach an all-time high
Bitcoin's interest bully understrom is increasing, since the on-chain data and the behavior of the derivative market show an aggressive accumulation of long-term owners and whales.
According to the data from Glassnode and Alphractal, the current market structure reflects the growing conviction of experienced investors – even if prices consolidate among the latest highs.
Long -term owners reach record of 14.7 million BTC
Glass node reportedthat long-term owners-defined as wallets that Bitcoin has lasted for more than 155 days-now control the record number of 14.7 million BTC. With these investors, the likelihood of sales is statistically lower, and most coins that were acquired from the $ 100,000 mark shortly before the outbreak remain inactive. This resting phase signals a strong market conviction and a lower sales pressure, which creates a more stable basis for future price increases.
The trend reflects the historical bull market patterns from Bitcoin, in which long -term accumulation is often preceded by major price recovery. When more coins are pulled out of circulation and get into long -term wallets, the available range is scared on the stock exchanges – often a forerunner for increasing price dynamics.
Whales stack long positions while short positions are dissolved
The data from Alphractal show An increase in whale activities on the derivative market. The indicator “Whale position sentiment”, which captures cumulative long positions of more than $ 1 million, shows a strong increase in aggressive purchases. Since short positions continue to be dissolved, the whales double their interest bullish views.
This behavior is closely related to the latest price development of Bitcoin and underlines the idea that the big players set the tone. Since the whales control the majority of the global trade volume, their positioning often serves as a reliable indicator of the future.
Outlook: Supporting offer meets walfish demand
Since long -term owners restrict the offer and actively build up whales, Bitcoin seems to be ready for a strong movement – provided there is a catalyst. Should the participation of private investors increase again or the macro liquidity remain favorable, the current conditions could cause the stage for an outbreak.
At the moment, the data draws an optimistic picture: strong hands have control and the pressure from the offer side continues to decrease.
