Whale Accumulation
Whale accumulation shows how much of the circulating Bitcoin supply is held by addresses above a given size — ≥100, ≥1k (whales) and ≥10k BTC (mega-whales). When a cohort’s line rises, that holder class is accumulating; when it falls, distributing. Note: the metric is ADDRESS-based — a single entity can spread across many addresses, and exchange/ETF custody wallets dominate the ≥10k cohort. So it is a proxy, not exact entity tracking, and explicitly descriptive — not a buy/sell signal.
- Formula:
- Σ supply held by addresses with balance ≥ threshold (BRK address-cohort supply)
- Originator:
- Glassnode / on-chain standard (address-cohort supply)
- Data source:
- BRK (Bitcoin Research Kit, brk_addrs_over_{100,1k,10k}btc_supply, ab 2009).
Strategies to backtest
Thematically related strategies from our library — try them in the backtest engine or read up on the methodology.
The benchmark for everything else — buy on day one, hold forever. The reference every strategy is measured against.
Open strategy →Buy a fixed amount on a fixed schedule — week after week, regardless of price. Smooths volatility, removes timing decisions.
Open strategy →More Bitcoin indicators
Stacked-area chart over 13 holding-period bands from <1 day to 10+ years. Reveals how "old" supply re-enters circulation before each bull run.
111-day SMA vs. 350-day SMA × 2. Classic top signal by Philip Swift — historical crossovers nailed every BTC bull-run top to within days.
Current BTC price divided by the 200-day moving average. Below 1 historically bearish, above 2.4 marks the top 0.5% quantile.