Bitcoin whales are aggressively accumulating BTC, absorbing over 300% of the newly mined supply, according to recent data from Glassnode reported by Cointelegraph. This significant accumulation signals strong confidence in Bitcoin's long-term value despite macroeconomic uncertainties. Simultaneously, Bitcoin outflows from exchanges are expanding, indicating a growing preference among investors for self-custody and holding their assets long-term. This reduces the available supply on exchanges, potentially driving up prices as demand increases. Analysts suggest this accumulation, coupled with a breakout from a multi-month falling wedge pattern, hints at a possible surge toward $100,000 in the near future. While such predictions are speculative, the underlying data points to a strengthening bullish sentiment among major Bitcoin holders. This increased accumulation by whales demonstrates a significant vote of confidence in Bitcoin's future. ```

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