Analysis: Wallets holding 1 to 100 BTC have accumulated 14,207 BTC over the past two weeks, strengthening bullish signals.

BlockBeats news, November 10 — Santiment posted that over the past two weeks, wallets holding 1 to 10 BTC accumulated 10,076 BTC, while wallets holding 10 to 100 BTC added 4,131 BTC, for a combined increase of 14,207 BTC.

Santiment noted that this cohort of holders is typically more patient than small retail wallets, tending to accumulate during market panic and reduce exposure after strong rebounds. The firm believes that the inflow of over 14,000 BTC into these wallet groups during a period of significant market sell-off is a bullish signal, but it remains to be seen whether this trend can persist. If BTC stabilizes at the $75,000 level and wallets holding 1 to 100 BTC continue to accumulate, reclaiming $78,000 and $80,000 would further reinforce the judgment that a local bottom has formed; if the price breaks below recent lows while these wallets switch to reducing holdings, this signal would weaken.