source avatarTrend Serra Capital | Medici

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$BTC / #Bitcoin: First the sharks, now even the whales. 👀 Since July 1, #BTC has risen by 35.1%. The holdings of different address groups reveal an intriguing pattern: 🔹 Retail (<1 BTC): −23,278 BTC 🔹 Sharks (100–<1,000 BTC): +118,947 BTC 🔹 Whales (1,000–<10,000 BTC): −41,636 BTC The latest shift: Over the past 30 days, whale holdings have increased again by 47,017 BTC. Combined with shark holdings, this totals +86,573 BTC, while the price remained nearly unchanged (+0.2%). This aligns with a constructive accumulation hypothesis: Small addresses are holding less BTC, while sharks and whales have recently increased their positions. Caveat: Very large addresses (10,000–<1M BTC) simultaneously lost 67,491 BTC. Transfers and reclassifications between size categories can influence this picture. The data does not confirm purchases by specific investors. 🔴 Technically, BTC is likely still within wave (Y) (orange), whose target range lies between approximately $79,900 and $77,200. The minimum target has already been reached. Nevertheless, I expect another retest of this zone before wave (Y) completes, followed potentially by a counter-movement. The constructive holding data does not rule out another short-term pullback. Confirmation of a recovery still hinges on price structure. Let’s go 💪 Knowledge is wealth. Recognize trends. Trade with foresight. TSC | Trend Serra Capital

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