#DigitalAssetBill Bitcoin’s price jumped over 12% last week to reach $96,500, surpassing the average purchase price of “short-term whales”—large holders who bought Bitcoin within the last six months. 

CryptoQuant analyst JA Maartunn told BeInCrypto that these whales have reclaimed their break-even level of $90,890. It means they are now in profit and less likely to sell, which adds stability to the market.

Short-Term Bitcoin Whales Return to Profit