# Bitcoin Accumulation Signal Stays Limited to Two Wallet Groups By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/54770 Published: 2026-11-12T01:43:30.000Z Updated: 2026-11-12T01:43:30.000Z Section: Investing > Wallets with 100 to 10,000 BTC added balances in the week through Nov. 9, while all other tracked cohorts reduced theirs. Bitcoin (BTC) accumulation appeared in only two wallet-size groups in the week through Nov. 9, while all other tracked cohorts reduced balances, leaving the latest buying signal narrow. The seven-day Accumulation Trend Score exceeded 0.5 in the 100–1,000 BTC and 1,000–10,000 BTC bands. The score weights balance changes by wallet size, so it describes cohort balance movement rather than confirmed exchange sales. Every other tracked cohort reduced balances, including wallets above 10,000 BTC and below 1 BTC. Glassnode described the activity as “early dip buying from a narrow group.” The same two wallet groups had also shifted to buying in late September, but that change did not last. The new wallet-size breakdown adds detail to [earlier coverage of the large-holder claim](). Crypto analyst Ali Martinez claimed Nov. 10 that large holders reduced balances by more than 34,000 BTC as Bitcoin fell from about $79,000 to below $73,000 over the prior week. Martinez’s post did not specify the wallet-size bands behind the figure or establish that the coins were sold on exchanges, so the claim cannot be matched directly to the cohort readings. Bitcoin was near $74,000 at 6 a.m. ET (11:00 UTC) Nov. 11, below the $75,600 short-term holder cost basis. The price snapshot was from Nov. 11; the accumulation score and cost-basis data ran through Nov. 9. Through Nov. 9, stablecoin supply had fallen $14.2 billion over 30 days, its fastest contraction since June 2022. U.S. spot Bitcoin ETFs also recorded $1.6 billion in net outflows over 20 sessions through that date. The latest readings show balance increases in two tracked wallet groups alongside reductions across every other cohort. ## Links in this article - [earlier coverage of the large-holder claim](https://www.tokenpost.com/news/investing/54594)