**Unprecedented Accumulation Trends in Bitcoin**
A distinct group of high-net-worth Bitcoin holders, known as "new whales," has emerged as a significant force in the current market cycle. These addresses, holding at least 1,000 BTC with an average acquisition age of less than six months, are aggressively accumulating Bitcoin, signaling strong conviction in its long-term outlook.
On-chain data reveals that since November 2024, these wallets have acquired over 1 million BTC, with a notable acceleration in recent weeks, accumulating more than 200,000 BTC this month alone. This trend indicates increased participation from institutional or high-net-worth individuals, potentially acting as a support mechanism for Bitcoin's price.