Whales have been steadily buying Bitcoin since early June.

This isn’t a dip-buy play. It’s strategic accumulation.

Wallets holding ≥ 10 BTC hit a 3.5-month high, while mid-tier holders (100–1,000 $BTC) continue stacking.

Even during consolidation.

That shift changes the supply picture: smart money’s quietly grabbing, retail’s on the sidelines.

Watch how this silent accumulation sets the stage for the next rally if risk appetite returns.