Overview
- On-chain data show addresses holding at least 100 BTC at an all‑time high, signaling ongoing accumulation, though one entity can control multiple wallets.
- CryptoQuant data indicate 1,000–10,000 BTC addresses trimmed roughly 220,000 BTC year over year, the fastest decline since early 2023.
- Coindoo reports the 30‑day trend for long‑term holder supply has turned negative, contrasting with earlier low VDD readings that signaled inactivity and reinforcing a rotation narrative rather than panic distribution.
- Bitcoin is consolidating around $90,000 with one‑year realized volatility near 42%, a multi‑year low noted by Fidelity.
- Realized‑price analysis places newer whale cohorts near breakeven around $99,000, creating a potential resistance zone if rallies approach that level.