What have the whales been up to lately?$BNB $ETH

On-chain data shows that Bitcoin demand is rising significantly, driven by accumulation from whales and exchange-traded funds (ETFs).

In September, "medium whales" (or what are known as shark wallets) added about $7.3 billion in Bitcoin, along with increasing accumulation of Ethereum and Solana.

At the same time, there are whales that have started to distribute—meaning selling part of their holdings. For example, part of the Bitcoin was transferred to exchange platforms, indicating a potential profit-taking or strategy shift.