Large wallets (holding 1,000 to 10,000 BTC) purchased approximately 66,700 BTC over the past 60 days—the strongest buying activity since mid-February. Meanwhile, medium-sized holders (wallets with 100 to 1,000 BTC) sold around 77,800 BTC simultaneously, indicating a shift of coins from medium to large holders. At the end of April, a similar surge in whale buying occurred (over 92,000 BTC in 60 days), followed by a nearly 30% correction ten days later. Accumulation alone does not guarantee price increases, but it is a significant signal.
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