Bitcoin Mania: Even the Biggest Whales Can’t Resist the Buying Frenzy! 🐋💰

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Well, well, well! Look who decided to join the party! 🎉 On-chain data reveals that every Bitcoin cohort has aligned like the stars in a Mel Brooks movie, and let me tell you, it’s a real hoot! Accumulation is the name of the game, and the network is just gobbling up Bitcoin like it’s on a buffet! 🍽️

Bitcoins and Bagels: The Accumulation Trend Score is Here! 🥯

In a plot twist that even the best comedy writers couldn’t concoct, analytics firm Glassnode took to X (because plain old Twitter wasn’t confusing enough) to explain how Bitcoin holders are behaving lately with their fancy Accumulation Trend Score. This score figures out if folks are hoarding coins like they’re preparing for the zombie apocalypse or hocking them off like they’re in a yard sale! 🧟‍♂️💸

Now A 0 means everyone’s piling it up like it’s Black Friday, while a 1 means they’re throwing it away faster than you can say “What’s up, Doc?”
And guess what? 0.5 is the “Wishy-Washy” mark for those who can’t decide their fate yet! 🕺💃

Check out this chart that shows how all the Bitcoin cohorts have been acting like a bunch of well-rehearsed actors in a comedy sketch this past year:

You see that? The Accumulation Trend Score was doing the cha-cha earlier, with all the investors looking about as confused as a cat in a dog park! But now? All groups have decided to join the Bitcoin parade! 🥳 Three cohorts are really strutting their stuff: shrimps, whales, and those mega whales that make Moby Dick look like a sardine!

The shrimps (yes, they’re the ones with less than 1 BTC) were playing it cool with some light selling before the recent rally, but now—they’re back with a vengeance! Like a four-foot-deep pool party after a drought! 🦐💦 Now the whales, those majestic swimmers (hoarding between 1,000 and 10,000 BTC), saw the opportunity when nobody else was swimming, and they’re buying like they just hit the jackpot! 🤑

And let’s not forget the biggest fish in this ocean—the mega whales (more than 10,000 BTC)! They’re back on a buying spree that hasn’t been seen since December 2024! Oh, the drama! 🎭 “Everyone’s pulling together for this BTC uptrend,” says Glassnode—but are they sharing the popcorn? 🍿

However, it’s not all sunshine and rainbows! Those miners, bless their hardworking hearts, have been dumping coins faster than my grandma at a bingo night! According to CryptoQuant data, they’re selling like Starbucks sells pumpkin spice lattes in October!

Just feast your eyes on that left chart! Miners scooped out a boatload of Bitcoins, and where do you think they’re sending them? To centralized exchanges! Could it be they’re cashing in their chips like they just hit the high score at the arcade? 🕹️📈

BTC Price: The Drama Continues! 🎬

And speaking of drama, Bitcoin has decided to take a little break this past week, floating around the $118,000 mark like it’s in a hot tub filled with cash! 🛁💵

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2025-07-22 01:43