🐳📈 Despite dipping to $68.1K today, Bitcoin's key stakeholders are accumulating. Whales and sharks with 10-10K $BTC have accumulated 61,568 BTC (+0.45%) in the past month, which is a promising sign of an eventual breakout from this range.

🤑 Besides the current macroeconomic and global uncertainty, the other thing holding them back is the continued retail FOMO. Wallets with under 0.01 $BTC have collectively added +0.42% more to their wallets in the past month, essentially matching the rate of accumulation seen from whales and sharks.

🐂 Ideally, the ranging pattern will break upwards when large wallets are accumulating, while retail is dumping. This has historically been a very reliable pattern to signal the start of bull cycles.

🧐 Monitor the large vs. small wallet accumulation here!