{"id":14265,"date":"2025-07-22T01:39:37","date_gmt":"2025-07-21T23:39:37","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=14265"},"modified":"2025-07-22T01:39:37","modified_gmt":"2025-07-21T23:39:37","slug":"bitcoin-wallets-big-and-small-join-the-buying-frenzy-again-including-the-mega-whales","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/07\/22\/bitcoin-wallets-big-and-small-join-the-buying-frenzy-again-including-the-mega-whales\/","title":{"rendered":"Bitcoin Wallets, Big and Small, Join the Buying Frenzy Again\u2014Including the Mega Whales"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> material, evaluated by prominent industry authorities and experienced editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p>On-chain statistics reveal that every significant Bitcoin group is now consistent in behavior, with accumulation prevailing throughout the network.<\/p>\n<h2>Bitcoin Accumulation Trend Score Is Indicating Market-Wide Buying<\/h2>\n<p>In a recent <a href=\"https:\/\/x.com\/glassnode\/status\/1947201471788843315\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a> on X, the on-chain analytics company Glassnode has discussed how the conduct of the different Bitcoin groups has appeared from the viewpoint of the <a href=\"https:\/\/bitcoinist.com\/bitcoin-accumulation-trend-score-hits-2025-high\/\" target=\"_blank\" rel=\"noopener \">Accumulation Trend Score<\/a> lately. The Accumulation Trend Score is a metric that indicates whether BTC investors are accumulating or distributing. This value incorporates two elements during its calculation: the changes in balances within the wallets of the holders and the magnitude of the wallets themselves. The latter factor implies that larger entities exert a greater impact on the score.<\/p>\n<p>The metric\u2019s value can range from 0 to 1, with the extremes reflecting perfect accumulation and distribution behaviors, respectively. The 0.5 mark serves as the threshold dividing these two behaviors.<\/p>\n<p>Here is a chart illustrating the trend in the Bitcoin Accumulation Trend Score for various segments of the network over the previous year:<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/GwXZVpIXEAAMSKK?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin Accumulation Trend Score\" width=\"2848\" height=\"1192\"\/><\/p>\n<pre style=\"text-align: center;\">The value of the metric seems to have been remarkably close to 1 in recent days | Source: <a href=\"https:\/\/x.com\/glassnode\/status\/1947201471788843315\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\">Glassnode on X<\/a><\/pre>\n<p>As depicted in the graph above, the Bitcoin Accumulation Trend Score exhibited mixed behavior across the investor cohorts earlier, indicating that holders were divided on the cryptocurrency\u2019s future. Recently, however, a change has taken place, with all investor categories displaying some level of accumulation. Three groups, in particular, stand out for their assertiveness: shrimps, whales, and mega whales.<\/p>\n<p>The shrimps, or investors with less than 1 BTC, had exhibited slight distribution prior to the latest surge, but afterward, they shifted their stance to show aggressive accumulation. The whales, possessing between 1,000 and 10,000 BTC, were already acquiring with assurance when the remainder of the market was uncertain, and they have maintained this trend since the new <a href=\"https:\/\/bitcoinist.com\/bitcoin-hits-all-time-high-and-the-internet-cant-stop-talking-about-it\/\" target=\"_blank\" rel=\"noopener \">all-time high (ATH)<\/a> in the asset.<\/p>\n<p>Finally, the largest holders on the network, those with over 10,000 BTC, have ended a distribution streak to exhibit buying levels not noted since December 2024. \u201cThe alignment across wallet sizes indicates widespread belief supporting the current BTC uptrend,\u201d notes Glassnode.<\/p>\n<p>While investors overall have been buying, it\u2019s worth noting that there has been some selling recently. One group contributing to distribution in the latest phase of the rally has been the <a href=\"https:\/\/bitcoinist.com\/bitcoin-miners-quiet-down-volume-hits-lowest-2022\/\" target=\"_blank\" rel=\"noopener \">miners<\/a>, according to data from analytics firm <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1946254137554862281\" target=\"_blank\" rel=\"noopener nofollow\">CryptoQuant<\/a>.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/GwIpZ2mXEAEpDme?format=jpg&amp;name=large\" alt=\"Bitcoin Miners\" width=\"1678\" height=\"458\"\/><\/p>\n<pre style=\"text-align: center;\">The trend in several miner-related indicators | Source: <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1946254137554862281\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\">CryptoQuant on X<\/a><\/pre>\n<p>As visible in the left chart, Bitcoin miners made a considerable number of withdrawals from their wallets recently. What they aimed to do with these coins may be clarified by the second graph, which indicates that most of the 16,000 BTC outflow was directed to centralized exchanges.<\/p>\n<p>Miners deposit to these platforms when they intend to sell, so this withdrawal surge might suggest that this group leveraged the rally to realize profits.<\/p>\n<h2>BTC Price<\/h2>\n<p>Bitcoin has moved sideways over the past week as its price continues to hover around the $118,000 mark.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium aligncenter\" src=\"https:\/\/www.tradingview.com\/x\/z3NxEcXx\/\" alt=\"Bitcoin Price Chart\" width=\"1486\" height=\"890\"\/><\/p>\n<pre style=\"text-align: center;\">It appears the price of the coin has stabilized in recent days | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/qFC1kfFd\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT on TradingView<\/a><\/pre>\n<p>Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from TradingView.com<\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for Bitcoinist is focused on providing thoroughly researched, precise, and impartial content. We adhere to strict sourcing standards, and each page is meticulously reviewed by our team of leading technology experts and experienced editors. This process guarantees the integrity, relevance, and value of our content for our audience.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/bitcoin-buying-all-wallet-sizes-even-mega-whales\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure On-chain statistics reveal that every significant Bitcoin group is now consistent in behavior, with accumulation prevailing throughout the network. Bitcoin Accumulation Trend Score Is Indicating Market-Wide Buying In a recent post on X, the on-chain analytics company Glassnode has discussed how<\/p>\n","protected":false},"author":3,"featured_media":14266,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3074],"class_list":["post-14265","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-bitcoin-wallets-of-all-sizes-buying-again-even-mega-whales-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Wallets, Big and Small, Join the Buying Frenzy Again\u2014Including the Mega Whales - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/07\/22\/bitcoin-wallets-big-and-small-join-the-buying-frenzy-again-including-the-mega-whales\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Wallets, Big and Small, Join the Buying Frenzy Again\u2014Including the Mega Whales - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. 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