Bitcoin whales continue accumulating as mid-sized holders ease selling: Glassnode
April 18, 2025, 7:57 AM
Bitcoin whales holding over 10,000 BTC are continuing to accumulate, according to on-chain market intelligence platform Glassnode on X. Its data shows an accumulation trend score of around 0.7 for these large holders. Meanwhile, selling pressure from smaller holders, particularly those with 10 to 100 BTC, appears to be declining. With this group’s score hovering near 0.5, the data hints at a potential shift in sentiment toward renewed accumulation among mid-sized investors.
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