Bitcoin is hovering around $109,100, up ~1% today after consolidating between $107,800 and $109,400 over the weekend .

**🧠 On‑Chain Insights:** Large holders (“whales” with 1,000–10,000+ BTC) are aggressively accumulating, while smaller holders are shifting to profit-taking .

**⚙ Low Volatility Alert:** Bitcoin’s options market is showing record-low implied volatility, suggesting a calm summer phase—but also hinting at a possible big breakout ahead .

**📊 Altcoin Movers to Watch:**

PENGU (Pudgy Penguins): soared 68.9% this week on whale accumulation

BONK & FARTCOIN also showing strong momentum

Summary:

Bitcoin is stable at all‑time highs with whales accumulating quietly, setting the stage for possible volatility. Meanwhile, select altcoins like PENGU are surging on strong on‑chain signals.