TL;DR
- Bitcoin accumulation continues steadily despite recent price declines and market fear.
- Large holders resume buying during periods of low prices and extreme fear.
- Record balance in accumulation wallets now exceeds 2.86 million locked Bitcoin.
Bitcoin extends a broad accumulation phase even as the market absorbs a sharp pullback. Wallets that store coins without active selling continue to grow in number, revealing a steady flow of spot buyers who ignore short-term volatility across derivative markets. Coins remain scarce, and available supply finds new owners almost immediately.
Large holders renew their activity after months of caution. Their buying returns during a period marked by lower prices and reduced confidence. BTC trades near 95,473.41 USD, yet accumulation persists without signs of hesitation.
The Bitcoin Fear and Greed Index sits at 17 points, a multi-month low that captures extreme fear in leveraged markets. However, the sentiment shift does not interrupt the pattern of steady spot inflows.
BTC accumulation maintains its pace despite recent pullback
The balance stored in accumulation wallets rises to a record level above 2.86 million BTC. Older wallets take profits, while new buyers or treasury desks absorb coins and lock them away again. These addresses show an average realized price near 79,000 USD, allowing room for continued acquisition. No clear category defines the buyers, who range from private whales to institutions and reserve managers.
Inflows accelerate sharply from September onward, climbing from a few hundred coins per day to more than 8,000 BTC during peak accumulation windows. The current phase ranks as one of the most prolonged periods where coins rotate between wallets at high speed while remaining under long-term control.
HODL wave data shows expanded storage across almost every wallet cohort
Short-term wallets, created within the past month, drive most trading volume. Wallets aged up to one month or between one and three months also increase their balances. Newer holders do not show capitulation even as BTC slips under former support. Whale behavior influences market direction more than retail selling.
The most pronounced accumulation occurs among wallets holding 100 to 1,000 BTC. More than 3,000 new wallets in this range appear during the past year, marking a broad expansion of mid-sized holders. At the same time, shrimp wallets, each storing less than 0.01 BTC, continue to grow, adding pressure on available supply.
