UPDATED FRI 16 OCT · 07:32 UTCLIVE
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Bitcoin Accumulation Hits All-Time High Amid Cautious Price Recovery

The cohort of wallets holding 10–10,000 BTC reached a record 20,338 addresses, even as traders watch for BTC to reclaim $84K+ as confirmation of a sustained reversal.

What we know

On-chain signals are notably bullish even amid price volatility. @TheBlockCo reports that mid-tier BTC holders (10–10K BTC) hit an all-time high of 20,338 wallets, growing steadily since mid-July. On the price side, an account on X notes liquidity was swept and the daily close was saved — a positive reversal setup — but warns that without reclaiming $84K+, the move risks stalling. Another account on X posted simply "looking good bros," signalling cautious optimism. Community sentiment is also shifting toward alt season.

Sources

@TheBlockCo

“The number of bitcoin wallets holding 10 to 10,000 BTC hit an all-time high of 20,338”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.