Bitcoin whales have accumulated about 84,000 BTC over the past month, indicating a sharp improvement in demand from large holders. The apparent demand metric moved from -205,000 BTC to -22,000 BTC, nearing neutral territory, which could suggest broader market support and possibly encourage smaller investors to re-enter. This accumulation follows a prior phase where whales sold over 30,000 BTC to take profits, marking a shift in recent market dynamics.
Bitcoin whales' recent accumulation is notable. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 11, 2026 17:21 WIB: out of 50 major cryptocurrencies, 20 rose and 29 fell. Key movers include SAND at Rp1.169 with a 3.15% decrease and a typical hold time of 123 days, ENJ at Rp563 with an 89% buy order activity, and DOT at Rp22.034 with a 71% sell order activity.
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