BITCOIN ACCUMULATION ADDRESSES NEAR RECORD 800K DESPITE WHALE SELLING

Last updated: June 19, 2025, 22:51 | Written by: Brian Armstrong

Even amidst market volatility and instances of large Bitcoin holders (whales) selling off portions of their assets, a fascinating trend continues to unfold: the accumulation of Bitcoin by smaller entities and dedicated long-term holders is reaching near record highs. Bitcoin accumulation address balance chart. Source: Glassnode. Despite this, accumulation addresses contained a total of 3,099,828 BTC as of Dec. 25. That number is increasingly closing in on the all-time high of 3,403,280 BTC seen in August 2025. Since Christmas 2025, the accumulation address balance has increased by around 18%.As of late December 2025, the number of accumulation addresses – those characterized by receiving at least two non-dust (significant) transfers and never spending their funds – has climbed close to the 800,000 mark.This surge indicates a strong belief in Bitcoins long-term value proposition, even within what has been termed the '2025 Bitcoin bear market'.This phenomenon suggests a significant redistribution of BTC supply, where Bitcoin finds its way into the hands of steadfast believers.While short-term price fluctuations may cause concern for some, these 'hodlers' see opportunity, leveraging market dips to expand their holdings.Understanding this accumulation trend is vital for anyone looking at the long term viability of this leading crypto asset, it offers a critical perspective on current market dynamics.

Understanding Bitcoin Accumulation Addresses

So, what exactly are Bitcoin accumulation addresses and why are they important to track?According to on-chain analytics firm Glassnode, these addresses are defined as those that have received at least two incoming, non-dust transactions and have never spent any of their funds. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called accumulation addresses is nearing all-timeThis suggests a deliberate strategy of acquiring and holding Bitcoin for the long term, essentially HODL-only accounts.

These addresses exclude exchange wallets, miner wallets, and addresses inactive for over seven years to ensure the data reflects current accumulation patterns by individuals and smaller entities actively committed to Bitcoins future.This exclusion is crucial because funds in inactive wallets may be lost forever, effectively removing them from circulation.

Exchanges wallets: These are excluded because they represent trading activity, not long-term holding.
Miner wallets: These are excluded because they represent the ongoing creation of new Bitcoin, not accumulation of existing Bitcoin.
Inactive wallets: These are excluded because their funds may be inaccessible, and thus, not actively participating in the Bitcoin ecosystem.

The increasing number of these accumulation addresses, coupled with the substantial amount of Bitcoin they hold, provides a powerful signal about the overall sentiment in the market. HODL-only BTC addresses climb closer to 1 million mark. Behind the scenes in the 2025 Bitcoin bear market, certain entities are in no doubt over their BTC investment strategy. According to Glassnode, Bitcoin accumulation addresses are more numerous than ever before, while the BTC balance they contain is almost at a record high.It suggests that despite short-term price volatility, a significant portion of the Bitcoin community believes in its long-term potential and is actively increasing their holdings.

Record Accumulation Amidst a Bear Market

The most interesting aspect of this trend is that it's happening during what has been characterized as the '2025 Bitcoin bear market'. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as the redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called accumulation addresses is nearing all-time highs. HODL-only BTC addresses climb closer to 1 million mark Behind the scenes in the 2025 Bitcoin bearBear markets are typically associated with fear, uncertainty, and doubt (FUD), leading to widespread selling pressure.However, the continued accumulation of Bitcoin during this period highlights the resilience of certain investors and their unwavering belief in its future.

This behavior challenges the conventional wisdom that bear markets are solely defined by negative sentiment and widespread selling. The digital asset is also a few percentage points shy of its all-time high of $111.970, but despite its small pullback, BTC is still up 13% this year. BTC struggles to push past its all-time high. While its price may appear stable on the surface, on-chain data suggests a shift from distribution to accumulation among Bitcoin s largest holders.Instead, it suggests that astute investors recognize the opportunity to accumulate Bitcoin at lower prices, positioning themselves for potential gains when the market eventually recovers. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called accumulation addresses is nearing all-time highs.Think of it like buying stock when there is a market correction and others are getting out.

The Numbers Don't Lie: Approaching All-Time Highs

The data from Glassnode paints a compelling picture. According to Glassnode, Bitcoin accumulation addresses are more numerous than ever before, while the BTC balance they contain is almost at a record high. Accumulation addresses are defined as addresses that have at least 2 incoming non-dust transfers and have never spent funds, the firm s description explains.As of December 25th, 2025, accumulation addresses held a total of 3,099,828 BTC. Bitcoin accumulation address balance chart. Source: Glassnode. Despite this, accumulation addresses contained a total of 3,099,828 BTC as of Dec. 25. That number is increasingly closing in on the all-time high of 3,403,280 BTC seen in August 2025. Since Christmas 2025, the accumulation address balance has increased by around 18%. As of Dec. 25This figure is rapidly approaching the all-time high of 3,403,280 BTC, recorded in August 2025.Since Christmas 2025, the balance in accumulation addresses has grown by approximately 18%.This growth reflects a consistent inflow of Bitcoin into these long-term holding addresses, demonstrating a strong commitment to the asset.

To put this into perspective, that's almost 18% of the total Bitcoin supply in circulation being held by addresses that show no sign of selling. Posted by u/Arnadus - 1 vote and no commentsThis significantly reduces the available supply on exchanges, potentially driving up the price when demand increases. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Data from on-chain analytics firm Glassnode shows that the total BTC balance of Bitcoin accumulation addresses near record 800K despite whale sellingAs scarcity increases, value does as well.

Whale Selling vs.Retail Accumulation: A Tale of Two Strategies

While accumulation addresses are nearing record highs, it's important to acknowledge that some whale activity has involved selling off portions of their Bitcoin holdings.This seemingly contradictory behavior highlights the different strategies employed by various market participants.

Whales, often holding large amounts of Bitcoin, may sell for various reasons, including:

Profit-taking: Cashing out after significant price appreciation.
Diversification: Allocating capital to other assets.
Market manipulation: Influencing price movements for their benefit (though this is increasingly difficult with Bitcoins growing market capitalization).

Despite whale selling, the fact that accumulation addresses are increasing demonstrates that the market is not solely driven by large holders. Someone has been accumulating BTC throughout the 2025 Bitcoin bear market, and the trend shows no sign of reversing. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as the redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called accumulation addresses is nearing all-time highs. HODL-onlyRetail investors and smaller entities are playing an increasingly important role, using price dips as opportunities to increase their Bitcoin holdings.So if you are considering buying during a ""dip"", do you due diligence and ask yourself why you think it's a good time to buy.

The Role of Redistribution in a Maturing Market

The contrasting actions of whales and accumulators contribute to the ongoing redistribution of Bitcoin supply. Amid Bitcoin price woes, recent on-chain data highlights an increase in Bitcoin inflows to accumulation addresses, suggesting heightened buying activity. A chart shared by analyst Vivek illustrates how these inflows, which represent BTC deposits into long-term holding addresses, have surged to historic levels.As whales sell, their Bitcoin is often bought up by smaller entities and individuals, effectively distributing the asset more widely.This redistribution is a sign of a maturing market, as it reduces the concentration of Bitcoin in the hands of a few and promotes greater decentralization.

A more decentralized Bitcoin network is generally considered more resilient and less susceptible to manipulation. @BitcoinIsTheFuture stacked 20 sats posting [1 comment]It also fosters wider adoption and participation, contributing to the long-term health and stability of the ecosystem. Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as the redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-called accumulation addresses is nearing all-time highs. HODL-only BTC addresses climb closer to 1 million mark Behind the scenes in the 2025 Bitcoin bear [ ]The more people that participate in Bitcoin transactions the more the network effects take hold, and the better the network is.

Why Are People Accumulating Bitcoin?

There are several reasons why individuals and entities might be accumulating Bitcoin, even during a bear market:

Store of Value: Bitcoin is increasingly seen as a digital store of value, similar to gold, offering protection against inflation and economic uncertainty.
Decentralization: Bitcoin offers a decentralized alternative to traditional financial systems, free from government control and censorship.
Long-Term Investment: Many believe that Bitcoins price will appreciate significantly in the long term, driven by increasing adoption and limited supply.
Technological Innovation: Bitcoin is constantly evolving, with new technologies like the Lightning Network enhancing its scalability and usability.

Ultimately, the decision to accumulate Bitcoin is a personal one, based on individual beliefs and investment goals. 0 sats 0 replies @01xCc on: Bitcoin accumulation addresses near record 800K despite whale selling bitcoin. . write. preview. reply 100 satsHowever, the growing trend of accumulation suggests that many people see significant value in holding Bitcoin for the long term.Do your own research and figure out why people are investing in Bitcoin!

Analyzing the On-Chain Data

Understanding on-chain data is crucial for interpreting market trends and making informed investment decisions.Tools like Glassnode provide valuable insights into various metrics, including:

Accumulation Address Balance: Tracks the total amount of Bitcoin held in accumulation addresses.
Active Addresses: Measures the number of unique addresses participating in Bitcoin transactions.
Exchange Net Position Change: Monitors the flow of Bitcoin into and out of exchanges.
Long-Term Holder Supply: Tracks the amount of Bitcoin held by long-term holders (those holding for at least one year).

By analyzing these and other on-chain metrics, investors can gain a deeper understanding of market sentiment, identify potential trends, and make more informed decisions about buying, selling, or holding Bitcoin.

Practical Advice for Bitcoin Accumulation

If you're considering accumulating Bitcoin, here are some practical tips:

Dollar-Cost Averaging (DCA): Invest a fixed amount of money at regular intervals, regardless of the price.This helps to mitigate the impact of price volatility.
Secure Your Bitcoin: Store your Bitcoin in a secure wallet, preferably a hardware wallet, to protect it from theft or loss.
Do Your Own Research (DYOR): Stay informed about the Bitcoin ecosystem, including technological developments, regulatory changes, and market trends.
Think Long-Term: Bitcoin is a volatile asset, so be prepared to hold it for the long term to realize its potential benefits.

Choosing a Bitcoin Wallet

Selecting the right Bitcoin wallet is crucial for securing your holdings.Consider the following factors:

Security: Opt for a wallet with strong security features, such as multi-factor authentication and cold storage options.
Ease of Use: Choose a wallet that is user-friendly and easy to navigate, especially if you're new to Bitcoin.
Control: Select a wallet that gives you full control over your private keys, ensuring that you're the only one who can access your Bitcoin.
Compatibility: Ensure that the wallet is compatible with your operating system and devices.

Popular wallet options include hardware wallets like Ledger and Trezor, as well as software wallets like Electrum and Wasabi. Someone has been accumulating BTC throughout the 2025 Bitcoin bear market, and the trend shows no sign of reversing.Consider all options before choosing a wallet that fits your needs.

Common Questions About Bitcoin Accumulation

Here are some frequently asked questions about Bitcoin accumulation:

Q: Is it too late to accumulate Bitcoin?
A: While Bitcoins price has increased significantly over the years, many believe that it still has significant growth potential. Bitcoin accumulation addresses near record 800K despite whale sellingWhether it's too late to accumulate depends on your individual investment goals and risk tolerance.
Q: How much Bitcoin should I accumulate?
A: The amount of Bitcoin you should accumulate depends on your financial situation, investment goals, and risk tolerance.It's important to only invest what you can afford to lose.
Q: What are the risks of accumulating Bitcoin?
A: The risks of accumulating Bitcoin include price volatility, regulatory uncertainty, and security breaches. Here s what the U.S. government shutdown may mean for Bitcoin. SeptemIt's important to be aware of these risks and take steps to mitigate them.
Q: How can I stay informed about Bitcoin?
A: You can stay informed about Bitcoin by reading news articles, following industry experts on social media, and participating in online communities.A great community is Crypto_General.You can also keep yourself up to date by reading news articles such as this one.

The Future of Bitcoin Accumulation

The trend of Bitcoin accumulation is likely to continue as more people recognize its potential as a store of value and a decentralized alternative to traditional financial systems.As the Bitcoin network matures and adoption increases, the scarcity of Bitcoin will likely drive its price higher, rewarding those who have accumulated it over the long term.

However, it's important to remember that Bitcoin is still a relatively new and volatile asset.Its future is uncertain, and there are no guarantees of future price appreciation.Therefore, it's crucial to invest responsibly and only allocate capital that you can afford to lose.

Conclusion: The Enduring Appeal of Bitcoin

Despite market fluctuations and whale selling, the consistent accumulation of Bitcoin by smaller entities speaks volumes about its enduring appeal. Despite this, accumulation addresses contained a total of 3,099,828 BTC as of Dec. 25. That number is increasingly closing in on the all-time high of 3,403,280 BTC seen in August 2025.The number of Bitcoin accumulation addresses is nearing record highs, a testament to the unwavering belief in its long-term value proposition. Investments Bitcoin accumulation addresses near record 800K despite whale selling: Red Flag ScammersThis trend highlights the ongoing redistribution of Bitcoin, leading to a more decentralized and resilient network.

Whether you're a seasoned investor or just starting to explore the world of cryptocurrency, understanding the dynamics of Bitcoin accumulation is essential. Glassnode adds that exchange wallets and those belonging to miners are excluded from the tally, as are addresses last active more than seven years ago, as funds they contain could be lost permanently cut off from circulation. Bitcoin accumulation address balance chart. Source: Glassnode. Despite this, accumulation addresses contained aBy analyzing on-chain data, adopting practical accumulation strategies, and staying informed about market trends, you can make more informed decisions about your Bitcoin investments. Bitcoin accumulation addresses near record 800K despite whale selling Someone has been accumulating BTC throughout the 2025 Bitcoin bear market, and the trend shows no sign of reversing. Bitcoin ( BTC ) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues.Remember to do your own research, manage your risk, and invest responsibly.The digital asset is also a few percentage points shy of its all-time high of $111.970, but despite its small pullback, BTC is still up 13% this year. Bitcoin accumulation addresses have seen massive inflows in the past week, leveraging retail sell-offs to stack the pioneering cryptocurrency extensively. Despite Bitcoin s recent struggles, whales are still keen on the premier asset. Large holders have seen price fluctuations as an opportunity to buy the fears predominant in the market.Is it time to invest? Bitcoin accumulation addresses near record 800K despite whale selling⁣ bitcoin accumulation addresses records whalesConsider the information in this article and decide for yourself.

Key Takeaways:

Bitcoin accumulation addresses are nearing record highs, despite whale selling.
This trend indicates a strong belief in Bitcoins long-term value.
Redistribution of Bitcoin is leading to a more decentralized network.
Analyzing on-chain data is crucial for understanding market trends.
Consider dollar-cost averaging and secure storage for your Bitcoin.

Now that you understand the accumulation trend, consider exploring different Bitcoin wallets and begin accumulating your own stake in the future of finance.Share this article with friends and family who are interested in learning more about Bitcoin!