Deep beneath the churning, bubbling soup of on-chain data, the many mysterious tribes of Bitcoin holders are doing strange things with their digital doubloons. Most are sneaking out the back door, trouser pockets rattling with freshly-sold coins… but a single, plump cohort is piling up sats as if their wallets were bottomless pits. 🐳💰
Meet the Mega-Hoarders: 1,000 To 10,000 BTC Holders Go on a Shopping Spree
Over at Glassnode HQ (where all the propeller-hat-wearing Bitcoin scientists live), a thrilling update has emerged on that cryptic contraption known as the Accumulation Trend Score. This mystical dial hints at whether holders are buying in secret or chucking coins overboard in a panic.
It’s rather simple, really—the score checks who’s stuffing their wallets and who’s shaking them upside down. The bigger your loot, the louder your say in this curious concert.
Score below 0.5? That means the bitcoin faithful—either a lone bigwig or a swarm of panicked small fry—are in a selling mood. The closer that number drops to zero, the more frantic the dumping. It’s like a hot potato contest, but with invisible money.
Above 0.5, though, and the game changes—hoarding season is open! The closer to 1, the more the wallets groan with the strain of fresh BTC.
Here’s a look at Glassnode’s dazzling chart, showing the score for all the eccentric characters on Bitcoin’s network:
As you can plainly see, the chart is redder than a sunburnt tomato for most folks—big and small alike are flogging their coins. The 1-to-10 coin crowd (those retail dreamers) are in full-blown sell mode, escaping the crypto carnival like clowns in a clown car. 🤡
But wait! Lurking amidst these jittery sellers, a peculiar species emerges. The legendary 1,000 to 10,000 BTC holders (yes, the fabled whales!) are gorging themselves on Bitcoin. At today’s price, these creatures swim in fortunes from $109 million up to $1.1 billion, with trunks bigger than an elephant’s piggy bank.
The Glassnode chart shows their Trend Score practically bursting past 1. These monsters are cornering the market, stacking coins as if it’s a Black Friday sale and they’re the only shoppers in town.
Meanwhile, the little fish keep darting about, spooked by their own shadows. “There’s a delicious split in belief between minnows and whales!” snickered the analysts, perhaps while twirling their villainous moustaches.
Who’s right? Will these whale-sized optimists feast on caviar and moon-lambo riches, or are the sellers skipping out just before the great unraveling? Gather round and place your bets—crypto never disappoints in the surprise department. 🎲
The Price of Dreams
As for the coin itself, Bitcoin is sipping tea quietly at $109,500, barely budging an inch from where it lounged last week. It’s the stillness before the storm—or maybe just a nap.
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2025-07-10 15:13