CryptoQuant: Accumulation of large Bitcoin holding addresses has stagnated, and demand remains weak

By: rootdata|2026/05/30 04:45:01
0
Share
copy

According to The Block, CryptoQuant's research director Julio Moreno stated that the accumulation of Bitcoin whales (wallets holding 1,000 to 10,000 Bitcoins, excluding exchanges and mining pools) and dolphins (wallets holding 100 to 1,000 Bitcoins, primarily dominated by ETFs and corporate treasury companies) has stagnated, with demand continuing to weaken. The year-on-year contraction rate of whale balances is the fastest this year, while the annual growth rate of dolphin balances, although still positive, has significantly slowed, and the monthly growth rates for both are approaching zero, indicating that the structural demand engine is in a state of ongoing slowdown.

Although the supply of long-term holders has reached a record 15,800,000 Bitcoins, this is not a bullish signal, as short-term demand is too weak to absorb the tokens of long-term holders. The supply of short-term holders has decreased from 6,400,000 Bitcoins in December 2025 to about 4,200,000 Bitcoins, of which approximately 900,000 Bitcoins came from Coinbase exchange reserves that have been passively converted to long-term holdings due to holding periods exceeding 155 days. Moreno reiterated that the current market conditions are similar to the bear market pattern of March 2022.

-- Price

--

You may also like

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026

MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million

Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote

The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.

Bitcoin Trading Guide 2026: Strategies for Experienced Traders

Learn spot and futures trading strategies, risk management tips, and a realistic BTC trade setup in this bitcoin trading guide. Read the full analysis on WEEX.
 

What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026

Gold prices surged, corrected, and returned to the spotlight in 2026. Discover what's driving gold and silver markets, explore XAUT and PAXG, and see why tokenized gold is attracting traders worldwide.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com