- Despite major sales, a certain cohort of investors has continued to buy BTC and supported its price movement.
- The hausse -like feeling also extends over Bitcoin miners and spotsters on the market.
Bitcoin (BTC) Starting to make movements to recover the $ 100,000 region and shop under it to $ 98,215.61 at press time, after a minor price increase of 0.42% over the past 24 hours.
The rally is expected to stretch and potentially take BTC into the marked zone on the diagram, as there has been a growing haussey feeling from large cohorts of investors, spot dealers and miners on the market.
Bitcoin redistribution that takes place
There is a current redistribution of bitcoin on the market. This means that the group of market participants that hold more BTC gears.
At present, the shift has moved from whales, which have at least 1% of the circulating BTC supply, to two other cohorts: shrimp – under 1 BTC and sharks, which have between 100-1,000 BTC.
But sharks take the lead.
Source: Glassnode
According to data from Glassnode, Bitcoin Sharks currently have a dominance of 20%, which means they gather more BTC than any other cohort.
With this redistribution, especially between small and relatively large holders, it proposes growing confidence among these cohorts, which probably sees BTC’s dip below $ 100,000 as a purchase opportunity.
A closer look at Bitcoin’s Nuspl (Net Unrealized profit/loss) confirms this raised trend.
At that time, NUPL shows that the market is in the “faith” phase, or a haussey continuation phase, with a press time that reads at 0.556, indicating the total purchase activity.
Source: Cryptoquant
Bitcoin miners who realize minimal profit
Bitcoin miners, who play an important role in maintaining the integrity of the chain, has gradually sold, as indicated by Miner Position Index (MPI) on Cryptoquant.
MPI read negative 0.8 at the time of writing, which indicates low sales pressure. This suggests that miners are likely to take profits to cover operating costs.
Source: Cryptoquant
Once this phase is completed, these miners can gradually start buying BTC again, adding their portfolios and contributing to the underlying haussearted pressure on the market.
Spot dealers adapt
Spot dealers are starting to adapt to the marketing position, as there has been significant BTC purchasing activity in recent days.
Read Bitcoin’s (BTC) Price Presence 2025–2026
The last 24 hours alone, shows exchange data shows that 1,100 BTC was purchased from Cryptocurrency exchange – a significant increase from the 262 BTC purchased the day before.
Source: Cryptoquant
If this purchasing trend continues, it would indicate a crucial haus -like turn among spot traders, in line with the current feeling from BTC investor groups and miners.
