Bitcoin Mid-Tier Wallets Accumulate 113,950 BTC Since July as Price Nears Resistance

Bitcoin wallets holding between 100 and 1,000 BTC have accumulated 113,950 BTC since July 15, lifting their collective holdings by 2.22% to 5.24 million BTC, or 26.1% of circulating supply. The cohort consists of 18,205 addresses. The buying follows a multi-year trend and absorbed supply after a mid-July distribution of roughly 77,800 BTC. Bitcoin recently traded near $84,462 after briefly reaching $87,000, clearing its 365-day moving average near $80,500 amid nearly $1 billion in single-day U.S. spot ETF inflows. The rally now faces major overhead resistance between $88,000 and $90,000.