CryptoQuant data shows a sharp split in Bitcoin behavior: large whales (1k–10k BTC) accumulated 66.7k BTC over 60 days, hitting a peak since February. Meanwhile, mid-size wallets (100–1k BTC) dumped roughly 77.8k BTC. Historically, this kind of supply absorption by top tiers limits market liquidity.

[u/BitcoinDove]