Bitcoin Whales Accumulate 69% More BTC as ARK Warns the Bottom Isn’t In
BeInCrypto
ARK Invest reports that while conviction buyers aggressively accumulated Bitcoin during Q1, the market has likely not yet reached its cycle bottom.Summary
ARK Invest's Q1 2026 report reveals that long-term conviction buyers increased their holdings by 69%, absorbing 1.47 million BTC during a 22% price drawdown. Despite this aggressive accumulation, which mirrors patterns from the 2020 cycle, ARK warns that the market bottom remains ahead. The firm notes that Bitcoin failed to breach key technical support levels, such as the realized price of $54,000, suggesting that deeper value capitulation has yet to occur.
(Source：BeInCrypto)