Holders stacking 1K–10K BTC have been trimming positions aggressively—offloading roughly 220K BTC over the past twelve months. The drawdown marks a sharp reversal from the March 2024 peak of about 409K BTC, representing the steepest decline we've seen since early 2023. This shift in mid-tier accumulation behavior is worth watching as it may signal shifting market sentiment among these investor cohorts.
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Holders stacking 1K–10K BTC have been trimming positions aggressively—offloading roughly 220K BTC over the past twelve months. The drawdown marks a sharp reversal from the March 2024 peak of about 409K BTC, representing the steepest decline we've seen since early 2023. This shift in mid-tier accumulation behavior is worth watching as it may signal shifting market sentiment among these investor cohorts.