zengweijiejie pfp
zengweijiejie

@zengweijie

Clear signs of Bitcoin whale accumulation are emerging in early 2026, with on-chain data showing large holders adding hundreds of thousands of BTC in recent weeks, including notable $280M+ purchases. Major prior unlock pressures (e.g., Mt. Gox repayments, Grayscale GBTC redemptions) have largely eased post-2025. BTC trades around $90-91K as of mid-January, after hitting $93K+ earlier this month. Institutional optimism from Grayscale and others points to new all-time highs in H1 2026, driven by regulatory clarity and macro demand. Q1 likely sees consolidation near current levels before upside resumption, with potential to test $100K+ if accumulation persists. Bullish setup intact.
0 reply
0 recast
0 reaction