Whales Buy Bitcoin as BTC Returns to $100,000 🤔🚀💯
Bitcoin has risen by nearly 12% over the past seven days, gaining momentum as it regains key technical levels and approaches major resistance areas. The recent increase in price has been supported by a slight recovery in the number of Bitcoin whale addresses, indicating renewed accumulation by large holders.
Technical indicators such as the Ichimoku Cloud and EMA lines suggest a strong bullish trend, with bullish formations indicating continued buyer dominance. As BTC approaches the $100,000 mark again, whale activity and chart signals will determine whether this rally has further room to continue.
Precise Accumulation: What a Rise in Bitcoin Whales Could Mean
The number of Bitcoin whales—addresses holding between 1,000 and 10,000 BTC—has been trying to recover over the past few days, showing a subtle yet noticeable movement.
There are 2,006 BTC whale addresses, slightly above the 2,000 recorded on April 21. The number briefly rose to 2,005 on April 22 before dropping to 2,002 the next day, and is now back above this level.
Although these daily fluctuations may seem minor, they often reflect deeper shifts in sentiment and positioning among some of the largest players in the cryptocurrency market. The recent stability suggests that accumulation may begin to rise again.