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Mid-sized Bitcoin wallets accumulate 113,950 BTC amid price volatility

Cryptonews ·

Wallets holding between 100 and 1,000 BTC have added 113,950 Bitcoin since July 15, bringing their total holdings to 5.24 million BTC. While this accumulation suggests institutional or whale-level interest, analysts debate whether the recent price recovery to $84,000 is driven by genuine risk appetite or a short squeeze. Bitcoin has recently reclaimed its 365-day moving average and cleared a significant supply band, with market participants now watching the $88,000-$90,000 resistance level.

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Summaries are written by AI from the original article. Not investment advice.

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