Listen everyone,
We’re seeing a quiet but important shift happening inside Bitcoin supply.
Wallets holding 10 to 10K BTC are still reducing exposure. Their supply share is now down to 68.04%, the lowest since May 2025.
At the same time, the smallest wallets under 0.01 BTC keep stacking. Their share has climbed to 0.249%, the highest since mid 2024.
This is classic redistribution.
Big players distribute into strength while retail absorbs supply.
These phases usually look “boring” at first. Volatility compresses, price chops, everyone gets impatient. But historically, this kind of ownership shift often happens before the market makes a big move.
Liquidity rotates. Ownership spreads. Pressure builds.
When whales lighten and small holders accumulate, the market often enters late-stage consolidation before a major breakout or breakdown.
