Bitcoin’s Record Accumulation: The Rocket Fuel for BTC’s Next Price Surge
Bitcoin's stacking spree hits historic highs—and the market's primed to explode.
Whales, ETFs, and hodlers are gobbling up supply faster than a Wall Street trader spotting a tax loophole. This isn't just accumulation—it's a supply shock in the making.
When the dam breaks, expect fireworks.
(And yes, we see you, 'prudent' institutional investors—suddenly FOMO-ing after a decade of calling it a scam.)
Key takeaways
Bitcoin’s network activity and profitability are rising, with profit-taking pressure from short-term traders. However, strong accumulation by whales and long-term holders showing confidence could support further upside if momentum holds.
Bitcoin’s [BTC] network is buzzing again.
An uptick in recent data has made it tempting for traders to lock in gains. But what you may not be seeing, is that LTHs are doubling down, with accumulation hitting record highs thanks to big buyers.
Looks like BTC’s long-term value remains strong, even as short-term traders eye profits.
Profit taking risk rises as BTC heats up
Bitcoin’s Active Addresses climbed 8% to 793,000 last week, while transaction fees ROSE 10% – proof of stronger network demand.
Source: Glassnode
At press time, 94% of Bitcoin’s supply was in profit, placing the market in a zone where sentiment can shift quickly if holders rush to cash out.
However, the uptick in on-chain data suggests steady underlying momentum. Any correction may be short-lived, provided buying interest remains strong.
Whales double down as Bitcoin accumulation sets new record
BTC accumulation has surged to an all-time high, driven by relentless buying from whales and long-term holders.Source: X
Nakamoto CEO David Bailey announced plans to “smash buy” $1 billion worth of Bitcoin.Meanwhile, Michael Saylor’s MicroStrategy marked the fifth anniversary of its Bitcoin strategy with an additional $18 million purchase, bringing its total holdings to 628,946 BTC.
Source: sec.gov
There are signs of big conviction from major players, even as prices hover NEAR peak profit levels.
If this momentum continues, it could set the stage for the next major leg up, tightening supply just as demand accelerates.
BTC price holds steady after sharp recovery
At press time, BTC traded at $118,724, holding gains from its recent rebound.
The price stayed above both the 9-day and 21-day SMAs, showing steady short-term support. The RSI hovered near 58, so momentum was still in neutral territory.
Source: TradingView
MACD lines were coming closer; a possible bullish crossover if buying continued.
This followed a sharp spike earlier in the week that briefly pushed BTC above $120K before sellers stepped in.
While there is reduced volatility, the market still appeared sensitive to profit-taking pressure. Sustained buying from whales could help BTC build on this base and challenge recent highs again.
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