Bitcoin Whales Accumulate as Retail Holders Exit, Signaling Bullish Momentum
Santiment’s latest Bitcoin wallet distribution data shows a clear divergence: 231 new whale wallets holding over 10 BTC appeared in the past 10 days, while 37,465 small wallets (0.001–10 BTC) exited. Bitcoin wallet distribution shifts often precede bullish trends. Social sentiment is split evenly between bulls and bears (1.03:1), and the Crypto Fear & Greed Index sits at a neutral 54/100. Ethereum mirror metrics reveal major holders accumulating ETH even as retail traders cash out. Bitcoin trades near $104,600, up 3% over the past 14 days. Traders should monitor Bitcoin wallet distribution and sentiment indicators closely to anticipate potential price moves.
Bullish
The surge in Bitcoin whales alongside the exit of retail holders historically signals upcoming bullish momentum. Combined with neutral social sentiment and the Fear & Greed Index reset, the data suggests strong support from large investors. Short-term volatility may persist as small holders offload, but sustained whale accumulation underpins a positive outlook. Traders can leverage wallet distribution and sentiment metrics to time entries for potential upside.