Whales are stepping in while most participants remain uncertain.
Since April 10, wallets holding 10–10,000 $BTC have accumulated 41k $BTC ($3B+), while retail activity has been minimal (~46 BTC).
When larger players buy into strength and smaller holders take profits, it has historically signaled a constructive market setup.
At the same time: – BTC is up ~8–9% this month, approaching $80K
– ETF and institutional demand are increasing
– Sentiment remains in “fear” territory (~39)
If whales continue absorbing supply while retail sells, the structure remains strong.
The key question: do large holders keep accumulating above $80K, or begin distributing into it?