Bitcoin traders’ sentiment shift points to next step in BTC halving cycle

Quick Summary:

These large holders appear to be buying from smaller cohorts—specifically wallets with less than 1 BTC and those with under 100 BTC—whose accumulation scores have dipped toward 0.1–0.2. This divergence signals growing distribution from retail to large holders and marks potential for future price support (whales tend to hold long-time).

Typically wealthier and more experienced, they can weather extended bear markets and tend to sell near local tops. According to recent data from Glassnode, long-term holders distributed over 2 million BTC in two distinct waves during the current cycle.

Source: GlassnodeAnother cohort of Bitcoin holders often seen as more seasoned than the average market participant are whales—addresses holding over 1,000 BTC.

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Article Details

Author / Journalist: Cointelegraph by Marie Poteriaieva

Category: Crypto

Markets: United States

Topics: Holders Accumulation Bitcoin Cycles Cycle Months Short-term Market Long-term Fear Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 20:34:42 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 752 words

Reading Time: 5 minutes read

Sentences: 47 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27777630

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

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Publisher ID: #11

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