Bitcoin Whale Accumulation Hits Five-Month High but Smaller Holders Are Selling

Bitcoin Whale Accumulation Hits Five-Month High but Smaller Holders Are Selling

Source: UToday

Published:2026-07-20 11:39

BTC Price:$64879.7

#btc #whale #accumulation

Analysis

Price Impact

Med

Whale accumulation often precedes price movements. however, the selling pressure from smaller holders counterbalances this, creating uncertainty.

Trustworthiness

High

Price Direction

Neutral

The accumulation by whales is a bullish signal, but the selling by smaller holders introduces bearish pressure, leading to a neutral short-term outlook until one trend dominates.

Time Effect

Short

This divergence in holder behavior is a recent trend, and its full impact on price will likely unfold in the short to medium term.

Original Article:

Article Content:

Cover image via U.Today Bitcoin whales scoop 66,700 BTC Bitcoin smaller holders take a separate route Advertisement Bitcoin has just retested $65,000 as onchain data from CryptoQuant shows a major divergence between traders with large wallets and smaller holders. Per data shared earlier today, large Bitcoin holders, also regarded as whales, are buying the asset again, while holders with mid-sized assets are moving in the opposite direction. Bitcoin whales scoop 66,700 BTC With Bitcoin showing mixed price action amid persisting market volatility, the metric shows that separate groups of Bitcoin holders are displaying mixed sentiments. HOT Stories Shiba Inu (SHIB), Solana (SOL), Hyperliquid (HYPE) and XRP Price Analysis for July 20: Fresh Week Without Fresh Liquidity Ethereum Developer Consensys Denies User Data Was Compromised Notably, holders with wallets carrying between 1,000 and 10,000 BTC have accumulated about 66,700 BTC over the past 60 days, marking the highest Bitcoin buying activity from whales over the last two months. Advertisement You Might Also Like Sat, 07/18/2026 - 17:52 Bitcoin Onchain Signal Says Worst of Bear Market May Be Over By Caroline Amosun While this is nearly reaching the 68,000 BTC recorded in mid-June, it marks the highest accumulation level Bitcoin whales have reached since February. Bitcoin smaller holders take a separate route While demand from Bitcoin whales continues to intensify, the data further shows that wallets holding between 100 and 1,000 BTC are selling at one of the fastest rates seen in months. Advertisement Notably, these smaller holders have sold about 77,800 BTC over the period, signaling a major divergence between larger and mid-sized Bitcoin holders. This has drawn attention from market analysts, as this same wallet group had accumulated more than 92,000 BTC in late April. With these divergent moves from large and smaller Bitcoin holders, it appears that Bitcoin is changing hands rather than flooding the market. This suggests that as mid-sized holders increasingly exercise caution or take profits, larger whales are absorbing much of the available supply, potentially reducing selling pressure on Bitcoin's market performance. #Bitcoin #Bitcoin Price Prediction