Bitcoin whales hit peak accumulation as smaller holders shift to selling

Bitcoin whales, or large holders possessing over 10,000 BTC, have hit a peak accumulation score of around 1.0, indicating intense buying activity. Meanwhile, smaller holders are trending toward selling, resulting in scores falling between 0.1 and 0.2.

The divergence in behavior illustrates a split market sentiment, influenced by economic uncertainties and geopolitical issues. Despite a price drop below 80,000 USD, Bitcoin now trades at about 79,454 USD, reflecting a modest gain of 5.0% in the last day.

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