Bitcoin's price approached the $80,000 mark on April 25, with on-chain data revealing significant accumulation by large holders. According to Santiment, addresses holding between 10 and 10,000 BTC have collectively acquired approximately 40,967 BTC, valued at $3.17 billion, since April 10. In contrast, smaller holders added only about 46 BTC, worth $3.56 million, during the same period. This accumulation pattern, where large holders buy while retail investors take profits, has historically signaled stronger medium- to long-term upward trends. Bitcoin's price rose to $79,327 before retreating to around $77,390, marking an 8.6% increase over the past month. Analysts suggest that surpassing the $80,000 level could boost market sentiment and attract further capital inflows. Institutional demand is reportedly accelerating, and market sentiment has shifted from "extreme pessimism" to "strong FOMO," though it remains in the "fear" zone, indicating the market is not yet overheated.