Whales Accumulate 129K BTC in a Show of Confidence

In a significant display of market confidence, Bitcoin whales have accumulated 129,000 BTC since March 11. This surge in accumulation marks the strongest buying activity by large holders since August 2024.

Whales, often defined as wallets holding large amounts of Bitcoin, are closely watched by market analysts. Their buying behavior is often viewed as an indicator of market sentiment and future price movements.

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