$BTC onchain
Right now almost every major and minor order group is back in accumulation mode.
This is one of those rare moments where whales and small players are aligned, working together to prevent further downside in the price of BTC.
The super whale cohort holding more than 10,000 BTC — after months of steady net selling from September through the end of November — has finally started accumulating again as the market enters December.
Sharks holding 100 to 1,000 BTC are currently the most aggressive buyers, adding consistently ever since BTC set its recent high.
Retail-sized holders, after a long period of getting wiped out in futures, are now returning with fresh capital to buy spot BTC instead of chasing leveraged trades.
Most other order groups remain neutral or slightly net accumulating. Even the whale group holding 1,000 to 10,000 BTC has slowed down its selling and is moving back toward a neutral stance.
Thanks to this unusually strong alignment across almost all cohorts, the BTC market has regained balance after a long phase of searching for a new bottom.
This is a very positive signal. It shows market health improving and liquidity gradually returning.
If this constructive behavior continues, there is a strong case to expect a meaningful recovery in Q1 2026 for both the broader crypto market and BTC itself.
