Recent data indicates a sharp return to Bitcoin accumulation across all wallet groups. This observation may signal future price growth.
Accumulation of All Wallets
According to recent data from Glassnode, all major wallet groups on the Bitcoin network have returned to the accumulation process. This includes large wallets holding over 10,000 BTC as well as smaller investors. Accumulation activity has reached levels last seen in December 2024.
Positions of Large and Retail Investors
Large institutional investors are also continuing to accumulate Bitcoin. For example, the Japanese company Metaplanet acquired an additional 797 BTC for approximately $93.6 million. Retail investors, holding from less than 1 BTC to over 1,000 BTC, are also increasing their market positions, indicating a unified accumulation trend.
Market Status and Forecasts
Charts indicate that transaction fees are increasing, signaling heightened market activity. Bitcoin prices remain steady, fluctuating between $105,000 and $123,000. The current price is $118,652, reflecting a slight drop of 0.59% over 24 hours. It is expected that the coming weeks will be decisive for potential growth if price stability can be maintained.
In summary, it can be noted that all wallet groups on the Bitcoin network are in accumulation mode, indicating the possibility of further price growth. Outlooks remain optimistic, though short-term fluctuations are also likely.
