Whale Accumulation Hits 5-Month High as Mid-Tier Holders Dump 77,800 BTC

The pattern suggests a transfer of coins from mid-tier to whale wallets rather than broad selling pressure, analysts said. As mid-tier holders take profits or cut exposure, whales absorb the supply. That could cap the downside for Bitcoin in the near term, according to CryptoQuant contributor Amr Taha.

“Sustained accumulation by larger holders can reduce the amount of immediately available supply, particularly when it occurs during periods of aggressive distribution from smaller cohorts,” Taha said.

The divergence echoes past market cycles where whale accumulation during mid-tier distribution preceded price stabilization or recovery. The 66,700 BTC whale buy is the largest two-month total since February 2026.