According to new on-chain data, major Bitcoin investors holding over 1,000 coins are quietly making significant purchases near the $80,000 price level, while smaller investors, holding fewer than 1,000 coins, are selling out of fear. This trend has emerged as Bitcoin’s price stabilizes below the $90,000 mark. A Glassnode report reveals that towards the end of November, when Bitcoin approached $80,000, large holders, especially those with 1,000 to 10,000 coins, accelerated their net buying, showing strong accumulation. In contrast, smaller investors have been offloading their positions amid market anxiety, indicating prevailing fear.
Historically, prolonged market fear has allowed large investors to strengthen their positions by buying Bitcoin at lower prices. The data also suggests that the $80,000 range has become a critical support zone, with limited trading volume around this level, which large holders are seizing as a buying opportunity. Although price volatility remains moderate, on-chain data points to selling pressure primarily from smaller investors rather than long-term major holders. This pattern typically signals the final phases of market correction and may precede temporary fluctuations rather than a sustained downturn.
Overall, the persistent accumulation by large Bitcoin holders combined with the fearful selling by smaller investors indicates a significant market shift. Following substantial investment by major players, a potential positive price movement is anticipated, though patience may be required.
Source: binance
