Retail Investors Fuel Bitcoin’s February Accumulation

[bonk]

Bitcoin CVD data across different wallet sizes. Source: Hyblock Capital

While Bitcoin’s breakout grabbed headlines, underlying order flow data reveals steady accumulation from smaller holders throughout February. Wallets holding between $0 and $10,000 added roughly $613 million in cumulative volume delta (CVD), consistently buying during the recent correction. Mid-sized wallets ($10,000–$100,000) showed selective accumulation as well, adding around $300 million after BTC dipped below $60,000.

In contrast, whale wallets ($100,000+) saw approximately $4.5 billion in outflows earlier in the month and have since moved sideways. This suggests that while retail demand is supporting the current rebound, a sustained bullish trend may require renewed accumulation from larger players. For now, smaller investors appear to be leading the charge.

[kevin1]

$71.5k and $74k sound nice but i’m waiting to see if follow-through buying actually shows up