Bitcoin News Today: Bitcoin Accumulation Resumes Across All Wallet Sizes

Recent on-chain data reveals that Bitcoin accumulation has resumed across all wallet sizes, indicating a strong consensus among investors. This trend, observed from small holders to major investors, mirrors the levels seen in December 2024. The price of Bitcoin has remained stable above $100,000, with on-chain data suggesting a rare alignment in buying patterns across different wallet cohorts.

According to recent data from Glassnode, all major wallet groups on the Bitcoin network are currently in an accumulation phase. This includes the largest wallets, which hold over 10,000 BTC and have re-entered strong buying territory. Institutional investors, such as the Japanese firm Metaplanet, have also increased their holdings, acquiring an additional 797 BTC for approximately $93.6 million. This behavior is not limited to whales; wallets with holdings ranging from less than 1 BTC to over 1,000 BTC are also adding to their positions.

The Glassnode heatmap, covering activity from October 2024 through July 2025, shows a significant shift into accumulation. The chart is dominated by red colors, indicating buying activity, which has replaced the blue tones that previously signaled selling or inactivity. This marks the most aligned buying pattern across cohorts in over six months. The price of Bitcoin has remained firm during this period, staying between $105,000 and $123,000 in July. While this level has become a zone of consolidation, many see it as a staging point for a possible move toward $125,000.

Market participants believe that the current trend is not coincidental. Last week, reports indicated that a whale wallet from the Satoshi era transferred 80,000 BTC, worth approximately $4.8 billion, to Galaxy Digital. Despite the size of this move, the market response has been stable, with no sharp decline. This points to strong buying support elsewhere in the market. Additionally, transaction fees on the Bitcoin network have climbed, signaling increased activity and demand. While some large holders have moved coins, accumulation remains the dominant trend.

Analysts noted that indicators like the MACD and CRSI are showing strength, but they also suggest short-term ups and downs are likely. Still, the overall view remains optimistic. This phase marks one of the few times in recent years when retail wallets and large investors are moving in the same direction. With Bitcoin holding above $117,000 and accumulation signals flashing red across the board, the next few weeks could be key. The duration of this trend may depend on whether Bitcoin can break the resistance at $120,000 or remain within its current range. Traders are eyeing $120,000 as the breakout point that could open the path toward $155,000. Either way, the alignment across all wallet sizes is a strong signal that many in the market are betting on more upside.