#StrategyBTCPurchase
On February 3, analyst James Van Straten cited Glassnode data indicating that in the context of falling Bitcoin prices, super large investors holding over 10,000 Bitcoin (i.e., "whales") are the only group still buying, while all other groups with smaller positions are selling.
According to Glassnode's "Community Wallet Accumulation Trend Score" data, the largest whales are currently in a "light accumulation" phase, and the amount of Bitcoin held in their positions has maintained a neutral to slight growth trend since Bitcoin dropped to $80,000 at the end of November last year. During this period, Bitcoin's price primarily fluctuated within a range of $80,000 to $97,000 until the end of January.
In contrast, all smaller holding groups are net sellers, particularly retail investors holding under 10 Bitcoin. This group has been selling for over a month, reflecting bearish sentiment and prolonged risk aversion among medium and small investors.
