Bitcoin Dolphin owners are quietly
accumulating
The change in 1 year of the number of Dolphins
(100-1,000
B $BTC wallets) has just entered one
of the strongest accumulation phases since 2020, and whenever this index spikes, a major macro trend has occurred.
Massive accumulation area: Dolphins have added hundreds of thousands ® SBTC in the past year, reflecting the structure of the initial bull run.
Previous drops = accumulation peaks: Historically, deep negative reversals have marked the exact cycle bottoms, which occurred at the end of 2022 and mid-2023.
Now we are climbing again: The expansion in the number of holdings is increasing while prices are stabilizing - a typical expansion signal.
When mid-tier whales accumulate aggressively, volatility often follows... the upward trend.
Today, how do you feel about Bitcoin?
