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Bitcoin whale wallets just hit an all-time record even as the price tumbled, but the data hides a critical question about whether big buyers are actually accumulating or simply reshuffling coins they already own.
Bitcoin fell below $80,000, yet wallets holding 10 to 10,000 BTC hit a record high. Are Bitcoin whales accumulating or holding steady?
Glassnode data shows this cohort maintains an Accumulation Trend Score near 1 as Bitcoin trades below $90,000.