Whales accumulate to 10,000 BTC, on-chain data reveals institutional buy signals

According to on-chain data analysis from Glassnode, large holders with 1,000 to 10,000 BTC have been continuously accumulating, with the trend score approaching the maximum value of 1. This phenomenon reflects institutional-level investors’ strong confidence in Bitcoin, contrasting sharply with the current market’s pessimistic sentiment.

Glassnode Data: Whales Holding 1,000+ BTC Keep Buying

Based on real-time tracking from the on-chain analytics platform Glassnode, whales holding between 1,000 and 10,000 BTC are steadily buying Bitcoin. A trend score close to 1 indicates these large investors are in their strongest net buying phase in history, showing their bullish outlook for the future. Currently, the total number of Bitcoin addresses holding is 55.74 million, and among these, the buying activity of addresses holding over 1,000 BTC is particularly noteworthy.

Retail Investors Oppose, Market Sentiment Turns to Panic

In stark contrast to the whales’ buying spree, retail investors holding fewer than 1,000 BTC are continuously selling off their holdings, showing a net selling trend. This opposite behavior is often seen in the crypto market as a signal of the divergence between “smart money” and “retail capitulation.”

Buy and Sell Battles Amid High Fear Index

Over the past month, the cryptocurrency Fear and Greed Index has remained in the “Fear” or “Extreme Fear” zone, with market sentiment dominated by negativity. However, in this extremely pessimistic environment, whales holding over 10,000 BTC are buying against the trend, which is often regarded as a bottoming signal. Historical experience suggests that when large capital maintains net buying during market panic, it often indicates a potential rebound opportunity ahead.