Bitcoin Whales Met the Rally with Buying: Has the 115,000 BTC Accumulation Stopped?

Wallets holding 100 or more BTC added a net of approximately 115,000 BTC between January 1 and September 16, 2026; however, a net reduction was observed in September.

CryptoQuant data shows that wallets holding 100 or more Bitcoin (BTC) added a net total of approximately 115,000 BTC between January 1 and September 16, 2026. Although the Bitcoin price remained below the year-opening level during this period, the movement of large wallets was mostly toward accumulation.

In the first months of the year, green and red weekly bars alternated. Following the breakout in the Bitcoin price in June, net flow turned red. In August, the situation reversed, and the largest green weekly flows of the year were recorded. This revealed that large wallets did not only take advantage of dips but also made net additions while the price was rising.

The first red week after $80,000 for Bitcoin

In September, the Bitcoin price failed to hold the $80,000 level. In the final week of the same period, the chart turned into a red bar indicating a net reduction in wallets holding 100 or more BTC. Thus, a portion of the months-long accumulation was given back, but the entire 115,000 BTC net addition did not disappear.

CryptoQuant’s chart presents this movement as a change in accumulation pace rather than a definitive trend reversal. The net additions of large wallets, which moved in line with price actions throughout the year, encountered a brief pause in September.