Bitcoin Enters Key Accumulation Phase, Signals Possible Surge
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aSOPR Indicates Accumulation
The aSOPR is a critical tool for measuring profit or loss on spent Bitcoin transactions. According to Woominkyu, when this ratio exceeds 1.08, it signals that large investors, or whales, are taking profits, often marking a market top. However, the current aSOPR is at 1.01, which suggests that Bitcoin is in an accumulation phase. Historically, such phases have been a strong buying signal for long-term investors before a potential price surge.
Why Now Is Crucial for Accumulation
Based on past market trends, whales typically accumulate Bitcoin when the aSOPR is low, between 1.01 and 1.04. Once the ratio crosses the 1.08 mark, large holders begin selling, often leading to price increases. For smart investors, accumulating Bitcoin before the aSOPR reaches 1.04 could provide significant long-term growth opportunities.
Whales Continue Accumulating
Whales have been actively accumulating Bitcoin, adding 173,000 BTC this year, significantly outpacing the 30,000 BTC added by retail investors. With open interest in Bitcoin futures hitting a record $40.5 billion, a new high could be on the horizon.