Mid-sized Bitcoin wallets accumulate 113,950 BTC amid price volatility
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.
Summaries are written by AI from the original article. Not investment advice.