Major Holders Absorb 110,000 Bitcoin During Consolidation Phase, Highest Momentum Since 2022

According to on-chain analytics from Glassnode, captured by ChainCatcher, a remarkable accumulation pattern has emerged across Bitcoin’s major investor segment. During the recent period of horizontal price action, the pace at which medium and large-sized holders are acquiring BTC has reached levels unseen since the immediate aftermath of the 2022 FTX collapse—a critical juncture that reshaped market dynamics.

Institutional Accumulation Reaches Multi-Year Peak

The data reveals that over the course of recent weeks, approximately 110,000 Bitcoin have been systematically absorbed by whale investors and institutional participants. What makes this accumulation pattern particularly significant is that it’s occurring within a consolidation phase, where Bitcoin’s price has been grinding through a relatively narrow trading band around the $67.83K level. Rather than triggering panic selling, this sideways price action appears to have attracted sustained buying interest from sophisticated market participants.

The 110,000 BTC accumulation metric is especially telling when benchmarked against the 2022 landscape. Following the FTX collapse that year, we saw significant institutional skepticism and portfolio rebalancing. The current buying momentum suggests a marked shift in sentiment, with major holders committing substantial capital despite price uncertainty.

Retail Traders Follow Institutional Lead

Beyond whale activity, the broader market data also shows increased participation from retail investors and smaller account holders. This simultaneous buying from both ends of the market spectrum—major accumulators and individual traders—points to a rare alignment of interests. Rather than representing a contrarian signal of overheating, the synchronized demand suggests genuine conviction that current price levels warrant accumulation.

The presence of both whale-level absorption and retail participation indicates a market experiencing coordinated interest rather than FOMO-driven mania. This dual-layer demand structure has historically preceded periods of sustained upward momentum, as it reflects not just speculative interest but genuine repositioning across institutional and retail balance sheets.