According to HODL15Capital via COINOTAG, bitcoin accumulation is concentrated in whale addresses: of 107,733 BTC mined year-to-date, whales (>100 BTC)
According to HODL15Capital via COINOTAG, bitcoin accumulation is concentrated in whale addresses: of 107,733 BTC mined year-to-date, whales (>100 BTC) bought 130,912 BTC, small wallets sold 27,333 BTC, and mid-size addresses acquired 4,154 BTC.
What does HODL15Capital data reveal about bitcoin accumulation YTD?
HODL15Capital monitoring reported that 107,733 bitcoins have been mined year-to-date, and accumulation is led by whale addresses. Bitcoin accumulation by wallets holding more than 100 BTC totaled 130,912 BTC, while addresses ≤10 BTC sold 27,333 BTC and 10–100 BTC addresses acquired 4,154 BTC.
How significant is whale buying compared with newly mined supply?
Whale buying is highly significant. Whales purchased 130,912 BTC, which equals 100% of the newly mined 107,733 BTC plus an extra 23,179 BTC. This suggests large holders are net-accumulating existing supply in addition to absorbing fresh issuance.
Why did small addresses sell while whales accumulated?
On-chain snapshots show divergent behavior by cohort. Small addresses (≤10 BTC) sold a net 27,333 BTC, possibly reflecting retail profit-taking or liquidity needs. In contrast, whale accumulation of 130,912 BTC indicates institutional or high-net-worth appetite for increasing long-term exposure.
What are the exact on-chain figures reported?
COINOTAG (citing HODL15Capital monitoring) provided the following figures:
Holder Cohort | Net BTC Change | Context |
---|---|---|
All newly mined BTC (YTD) | 107,733 BTC | Total mined since start of year |
Addresses ≤10 BTC | -27,333 BTC | Net sold |
Addresses 10–100 BTC | +4,154 BTC | Small net accumulation |
Addresses >100 BTC (whales) | +130,912 BTC | Net accumulation — >100% of mined BTC |
How should traders and investors interpret these distribution changes?
Front-load interpretation: rising whale accumulation typically tightens available liquid supply and can support price under a demand-driven scenario. Retail net-selling may reduce short-term buying pressure but does not offset large whale purchases.
What data sources and expertise back this report?
This article reports on data published by COINOTAG quoting HODL15Capital monitoring. COINOTAG compiled and analyzed the cohort-level net flows to highlight supply dynamics. Official on-chain monitoring platforms and exchange reports informed the interpretation.
Frequently Asked QuestionsHow many bitcoins were mined year-to-date according to the report?
HODL15Capital monitoring, cited by COINOTAG, reported that 107,733 bitcoins were mined since the start of the year.
Did whales buy more than the newly mined supply?
Yes. Whale addresses holding more than 100 BTC purchased 130,912 BTC, which equals 100% of newly mined coins plus an extra 23,179 BTC absorbed from existing supply.
Key Takeaways
Conclusion
This on-chain snapshot shows clear bitcoin accumulation by whale addresses, with 130,912 BTC acquired against 107,733 BTC mined YTD. The divergence between whale accumulation and retail selling highlights tightening supply dynamics. Monitor cohort flows and official on-chain reports for evolving market implications and positioning.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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