According to Foresight News, Santiment tweeted that wallets highly correlated with the overall cryptocurrency market health (wallets holding 10 to 10,000 bitcoins) have accumulated 81,338 bitcoins during the past six weeks of volatility, representing +0.61% of their total holdings. Meanwhile, small wallets (holding less than 0.1 bitcoin) that often show an inverse and lagging correlation with price trends have sold 290 bitcoins, a reduction of 0.60% over the past six weeks.
When large wallets gradually accumulate during retail investor sell-offs driven by panic or boredom, this is typically a strong long-term signal of price preparation before the next breakthrough.
