Large Bitcoin holders, known as whales, have added over 83,000 BTC to their wallets in the past month, indicating a strong accumulation trend among them, according to data from Santiment.

This accumulation pattern stands in stark contrast to the behavior of small retail wallets, which have reduced their positions by nearly 400 BTC during the same period. This shift suggests growing confidence among whales while retail investors seem to be offloading their holdings.