The latest Bitcoin holder distribution data shows that the behavior of large fund holders presents a complex pattern.

Large holders (100+ BTC) reduced their holdings by 644 Bitcoins yesterday, possibly to lock in short-term profits or to reallocate assets. However, importantly, from a 30-day perspective, these large players have still accumulated an additional 25,564 Bitcoins, indicating that the long-term accumulation strategy has not changed.

Medium-sized investors ( 10-100 BTC ) show a strong buying intention, increasing their holdings by 594 Bitcoins in a single day, and have cumulatively bought 3,093 coins over three consecutive days, indicating that this group of investors is very optimistic about the market prospects.

The behavior of smaller-scale investors is also worth noting: ordinary investors reduced their holdings to 54 BTC, and the selling pressure has significantly eased; whereas small holders continue to increase their holdings, with a net inflow of 136 Bitcoins in a single day, showing a trend of capital inflow for two consecutive days.

This capital flow scenario reflects the differentiated strategies of investors of various sizes. Although there are short-term fluctuations, the overall market structure remains healthy, and the fundamentals of large capital's long-term bullish outlook have not changed.