Bitcoin Faces Uncertainty as Dormant $114M Whale Awakens — But Accumulators Stay Bullish
Bitcoin ($BTC ) may be down, but it's far from out.
Despite recent price corrections, long-term holders (LTHs) and key on-chain indicators suggest that strong demand persists in the background. With over 50,000 #BTC added by accumulator wallets in the last 30 days and over 160,000 BTC accumulated by long-term investors, Bitcoin appears to be consolidating rather than capitulating.
However, a surprising twist has entered the narrative — a whale wallet holding 1,000 BTC (~$114.4 million) has moved funds for the first time in nearly a decade. The event has reignited speculation over potential sell-offs, but on-chain fundamentals still point toward resilience and long-term accumulation.
#Bitcoin Demand Remains Strong Amid Price Dip
The recent dip in Bitcoin's price has naturally triggered anxiety across the crypto market. Short-term holders (#STHs ) are currently sitting on underwater positions, with some realizing losses. But a deeper dive into on-chain data paints a more nuanced picture — one of accumulation and preparation rather than panic.