Bitcoin Whales Go Silent: The Accumulation Engine Dies
The bedrock of $BTC demand is crumbling. On-chain data confirms that the crucial cohort of wallets holding 100 to 1,000 $BTC has dramatically slowed its accumulation. For years, this specific group acted as the primary demand engine, establishing a structural uptrend. That trendline is now broken. This isn't merely short-term profit-taking; it signals a pivotal shift in underlying market dynamics. The smart money is pausing, and you need to understand the implications for $ETH and the wider market structure.
This is not financial advice.
#Bitcoin #CryptoQuant #OnChain #MarketStructure #BTC
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BTCUSDT
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89,750.1
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ETHUSDT
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3,045.55
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