Data: Addresses holding 100-1,000 BTC have accumulated 114,000 BTC since mid-July.

BlockBeats news, September 24th, according to Santiment data, the cluster of addresses holding 100 to 1,000 BTC has accumulated approximately 113,950 BTC since mid-July, and currently the total BTC holdings of such wallets are about 5.24 million BTC.

Analysts believe that the continued accumulation by this category of medium-sized whales reflects that some large holders are still increasing their BTC exposure amid recent market volatility. If the accumulation trend continues, it may further reduce the selling pressure on circulating market chips and provide support for subsequent price rebounds.

At the same time, this trend also indicates that market funds are not generally choosing to exit during price fluctuations, and some investors with larger holdings are still accumulating BTC on dips.