Headline: Bitcoin On-Chain Alert: Sharks Accumulating at 2012 Velocity 🦈

Recent Glassnode data reveals a fascinating divergence in the $BTC market. While retail sentiment remains shaky, "Shark" addresses (100–1,000 BTC) have added approximately 54,000 BTC to their holdings in just the last 7 days.

The Data Breakdown:

Fastest Pace in 13 Years: This cohort is buying at a rate we haven't seen since the early cycles of 2012.

Absorbing the Sell-off: These mid-tier whales are effectively absorbing the supply being dumped by smaller retail holders and larger "OG" whales (10k+ BTC).

Price Context: This is happening with Bitcoin trading near the $85,000 support level—a 30% drawdown from its $126,200 peak.

My Analysis:
History shows that when Sharks buy this aggressively during a drawdown, they are front-running institutional demand. While large "OG" whales are still distributing, the Shark accumulation provides a strong floor.

Watch for: A reclaim of the $90,000 level to confirm the next leg of upward momentum.

#BTC #Bitcoin #OnChainAnalysis #TradingStrategy #BinanceSquare