๐ The Emergence of New Whales in the Bitcoin Market:
Since the beginning of March 2025, a new group of large investors has entered the Bitcoin market, with 60 investors purchasing more than 1,000 Bitcoins each, totaling nearly 85 million dollars. These moves indicate that these whales see Bitcoin as undervalued, especially since it has been trading below its all-time high. (ambcrypto.com)
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๐ Whales Continue to Buy Bitcoin Despite Volatility:
Despite price fluctuations, the Bitcoin whale "Spoofy" continued to buy the currency. In February 2025, Spoofy purchased 4,000 Bitcoins for a total value of 340 million dollars, benefiting from the price drop to around 90,000 dollars. (the-blockchain.com)
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๐ What Does This Mean?
The entry of these new whales into the market indicates a growing interest in Bitcoin as a digital asset, especially with rising expectations that its price may increase in the future. If you are considering investing, it may be a good time to closely monitor these movements.