TL;DR
- The number of Bitcoin accumulator addresses doubled to 262,000 in just two months, showing growing confidence from long-term holders.
- More than 375,000 BTC were added in 30 days, including 50,000 BTC in a single day.
- Institutional interest, solid on-chain data and resilient demand despite price volatility suggest sustained optimism for Bitcoin’s long-term adoption and supply scarcity.
Bitcoin accumulator addresses continue to expand at a rapid pace, signalling strong long-term interest from strategic holders. Recent on-chain data from CryptoQuant shows that these addresses, known for buying BTC without selling, have reached 262,000 after doubling from 130,000 in roughly two months. This development highlights a disciplined approach from investors who appear committed to preserving Bitcoin for long-term appreciation rather than short-term trading.
These addresses share specific criteria. They must have at least one prior transaction dating back seven years and show consistent buying activity with no outgoing sales. Wallets belonging to exchanges, miners or smart contracts are excluded to ensure the metric represents genuine long-term accumulation from independent holders. This method offers a more reliable view of investor conviction and reduces distortion from operational or custodial addresses.
Record Buying Activity Among Large Holders
Accumulation has intensified in recent weeks with more than 375,000 BTC acquired in the last 30 days. One of the most notable moments occurred on November 5, when over 50,000 BTC were added in a single day, even as market sentiment remained cautious and retail participation appeared subdued. Bitcoin traded between 102,000 and 104,000 dollars during these sessions, yet whales and long-term wallets continued to capitalise on price fluctuations.
The consistent purchase behaviour from accumulator addresses strengthens the idea that Bitcoin’s scarcity model remains attractive. With the next halving approaching in 2028 and global inflationary pressures still evident across fiat currencies, some investors view BTC as a superior long-term store of value.
Institutional Flows And Market Outlook
Institutional dynamics continue to influence the accumulation landscape. Although ETF flows recently showed net withdrawals of approximately 186.5 million dollars on November 4, the steady increase in accumulator wallets suggests a divergence between short-term market movements and long-term positioning. Some analysts believe that temporary ETF outflows reflect profit-taking or portfolio rebalancing rather than weakening conviction.
Short-term holders have recently been more active on the sell side, sending liquidity to exchanges and contributing to minor price swings. Despite this, long-term addresses absorbed supply efficiently.
