Analysis: Bitcoin whales have recently resumed accumulation, and the correction is expected to continue

According to Cointlegraph, Santiment's on-chain data shows that wallets holding 10-10,000 BTC control 68.17% of the total Bitcoin supply (up from 68.07% seven days ago), indicating a recent accumulation rebound, which is seen as a "positive reversal" and a bullish signal.

A week ago, whales sold about 66% of their holdings when the price broke above $74,000. Small wallets (0.01 BTC) continue to accumulate, especially buying when the price falls below $70,000. Santiment warns that the combination of "retail buying + whale selling" has historically often indicated that the correction is not yet over.