Whales Out, Fresh Buyers In 🐋➡️🦈

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Since last year, whales dumped 715,000 BTC. But the supply didn’t vanish — it was absorbed.

“Sharks” (100–1,000 BTC wallets) added ~1M BTC since July 2024.

URPD shows strong clustering at $110K–$113K.

Fresh mid-sized holders are stepping up as big whales distribute.

What this means: This shift builds a new floor of conviction buyers. If you’re looking to build exposure, this range could represent one of the last “discounts” before BTC aims higher.