Bitcoin Returns to Demand Zone as Large Holders Buy 41,025 BTC

Bitcoin is back in the spotlight for analysts after the 90-day delta of buying and selling pressure moved out of negative territory and into positive range, indicating increased demand from buyers. CryptoQuant noted that the price recovery of the first cryptocurrency coincided with the improvement of this indicator. A positive delta value indicates that buyer demand exceeds seller pressure; however, the current level of the indicator has not reached values that preceded stronger growth phases. Analysts emphasize the importance of the delta's further dynamics to confirm sustainable demand. Over the past 10 days, large holders with between 10 and 10,000 BTC have increased their holdings by 41,025 BTC, leading to a total balance of 13.64 million BTC, or 67.93% of the total supply. Santiment notes that historically, such accumulations by large holders have contributed to market growth. At the same time, retail investors with a balance of less than 0.01 BTC remain passive, which could negatively impact the market. Analysts believe that a more favorable scenario would be if retail investors began to sell while large holders continued to accumulate assets.

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