The 90-wallet figure is what caught my attention here. While smaller holders have been reducing exposure, wallets holding at least 10,000 $BTC have climbed to a six-month high. That points to an interesting shift in supply. Retail sentiment has weakened while larger holders have been absorbing more Bitcoin around the low-$60K area. Reports also show tens of thousands of BTC moving toward larger wallets through July and August. For me, the key thing to watch is whether this accumulation continues as retail selling slows. Wallet data always needs context since one entity can control several addresses, but the overall trend still shows larger holders increasing their share while smaller holders reduce theirs.