Bitcoin (BTC) 'holders with 1000 BTC or more' increase again…sign of accumulation recovery

The number of BTC whale addresses holding 1000 Bitcoin (BTC) or more was reported to have increased to 1436 last week. This indicator, which recorded more than 1500 shortly after President Trump's election in November last year, had fallen to around 1300 by October this year but has recently shown a gradual recovery.

On the 17th (local time), cryptocurrency-focused media CoinDesk reported that entities holding 1000–10,000 BTC have recently returned to accumulation. The outlet said that accumulation in this range has been serving as a stable demand base during the recent BTC market correction phase.

In particular, holders in the 100–1000 BTC bracket and addresses holding less than 1 BTC have shown the fastest increase in net purchases. This indicates that bargain buying by small and medium investors is strengthening.

Market analysts say that the accumulation patterns of whales and small-to-medium investors can contribute to the easing of short-term price volatility. However, they do not rule out the possibility that the trend could reverse if large-scale selling pressure emerges again.