Sharks buy 38K BTC as whales sell, open interest jumps

Sharks absorbed whale selling in Bitcoin. Price action stayed muted, but on-chain shows steady accumulation.

Institutional cohorts rotated capital. Mega-whales sold. Mid-size buyers stepped in.

- Bitcoin cohorts diverged over 30 days. >10K BTC wallets distributed -25.51K BTC. 100–1,000 BTC “sharks” bought +37.92K BTC. 1K–10K BTC group added +9.57K BTC. Source: CryptoQuant QuickTake
- Exchange Whale Ratio prints 61.89%. Large deposits stay moderate. CryptoQuant
- Binance shows zero 24h inflows from 100–10,000 BTC cohorts. Big holders aren’t sending coins to sell. CryptoQuant
- Open interest rose about 10.43% to ~$25.98B. Positioning increases in derivatives. CryptoQuant
- Exchange BTC balances fell nearly 1% over a month. Coins move off exchanges. CryptoQuant
- Miners stay neutral. MPI at -0.50. Coinbase Premium Gap near 23.84 shows steady US bid. CryptoQuant

The analyst calls it “institutional price shielding.” Selling pressure looks contained while accumulation continues. CryptoQuant