$BTC

Despite the economic uncertainty and the technical fluctuations surrounding the cryptocurrency market, the intense buying activity from major investors indicates a growing confidence in Bitcoin and the possibility of a continued upward trend.

According to Glassnode data, whales have acquired over 129,000 Bitcoins since March 11, with a total value of $11.2 billion, at an average price of $87,500 per Bitcoin, representing the highest accumulation rate since August 2024. The company clarified via the X platform that this wave of accumulation reflects a significant increase in confidence among major investors in the largest cryptocurrency, despite the recent market fluctuations.