Bitcoin dumped to low 80s and something interesting happened—a massive cost-basis cluster just appeared on-chain. Basically, a ton of wallets scooped up BTC around that price point.
The heatmap is lighting up in this zone now. It's one of the thickest accumulation bands we've seen recently. Those buyers? They're probably not letting go easily. Could turn into solid support if we revisit those levels. Worth watching how this plays out.
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Anon4461
· 12-01 14:04
The accumulation at this low point is really quite intense.
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GasOptimizer
· 12-01 14:04
There are quite a few retail investors catching a falling knife at that low of 80, this is getting interesting.
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SocialFiQueen
· 12-01 14:04
The dumb buyers from the low 80s were really ruthless. Now looking at the on-chain data, it’s so solid, we have to wait and see the show.
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ZenZKPlayer
· 12-01 14:00
At the dip of 80k, the smart money has long been lying in ambush... this accumulation is really thick.
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GlueGuy
· 12-01 13:56
More than 80 bucks fell down, and the smart money is just accumulating shares. This wave really can't be broken by anyone.
Bitcoin dumped to low 80s and something interesting happened—a massive cost-basis cluster just appeared on-chain. Basically, a ton of wallets scooped up BTC around that price point.
The heatmap is lighting up in this zone now. It's one of the thickest accumulation bands we've seen recently. Those buyers? They're probably not letting go easily. Could turn into solid support if we revisit those levels. Worth watching how this plays out.