BTC holders with 100-1,000 coins accumulate 54K BTC in past week

Investors holding between 100 and 1,000 BTC have accumulated an additional 54,000 BTC over the past seven days, bringing their total holdings to 3.575 million BTC, Cointelegraph reported, citing data from Glassnode. The report suggests that mid-sized investors and institutions are buying the dip as BTC has fallen approximately 30% from its peak. However, Cointelegraph also assessed that short-term downside risk remains due to continued selling pressure from long-term whales holding more than 10,000 BTC.