$BTC
Bitcoin inflows into accumulation wallets have remained strong, with no apparent pressure to capitulate or realize profits. Notably, wallets holding over 10 BTC recorded their highest buying activity of the year. In the past few days alone, over 30,000 BTC—valued at approximately $3.3 billion—were transferred to addresses known for their conservative, long-term holding behavior.
These accumulation addresses are now absorbing all newly mined coins, while also drawing from OTC desks and exchange reserves. Remarkably, this wave of buying persisted even when prices exceeded $109,000. Though Bitcoin has since dipped to around $104,578, the trend reflects confidence in a broader rally, with $120,000 as the next projected milestone.
Accumulation addresses tend to be older, with an average entry price of $64,000. However, newer wallets continue to join the trend—even near recent peaks. According to CryptoQuant, over 2.91 million BTC are now held in accumulation wallets of varying age.
The accumulation trend has intensified in 2025, showing a stronger and more consistent buying baseline. Peak inflows this year suggest a continued appetite for long-term holding, despite heightened market valuations.
This activity is largely driven by whales and corporate entities, rather than retail investors. Wallets holding between 100 and 1,000 BTC are leading the accumulation, with some corporate treasuries purchasing up to 5,000 BTC in a single day. Publicly listed companies have also increased their holdings, often financing purchases through debt or equity.
Meanwhile, decentralized finance (DeFi) protocols and wrapped Bitcoin solutions, such as tBTC on Solana (up 75% in 2025), are contributing to the reduction in circulating supply. On-chain activity remains subdued as holders increasingly tap into BTC value through staking and collateralization, rather than selling.