The Whales Wake the Bull
Bitcoin skyrockets to $94,000 as crypto giants ACCUMULATE relentlessly
Next stop $100K?
#BTC has experienced an impressive recovery, climbing to $94,000 after hitting lows below $75,000 earlier this month.
This strong surge is being driven and confirmed by the aggressive accumulation of crypto whales, large investors with significant capital who are actively buying #bitcoin in the market.
Glassnode Accumulation Trend Score: Glassnode's proprietary indicator reveals a strong accumulation trend by large wallets.
Large Wallets Lead the Charge: Wallets containing more than 10,000 BTC register an accumulation score of 0.90, indicating massive accumulation. Wallets with between 1,000 and 10,000 BTC also show strong accumulation with a score of 0.7.
Small Investors Join In: Even the smallest wallets are beginning to show a trend towards accumulation, with a score of 0.5.
Confirmation of the Rally: Glassnode confirms through its on-chain analysis that "so far, the big players have been buying in this rally," validating the strength of the bullish movement.
