Bitcoin Surge: Mega Whales Buying Spree

Bitcoin Mega Whales Continue Accumulation Amid Market Trends

• The Bitcoin Accumulation Trend Score indicates buying or selling activity among investors.
• Investors holding over 10,000 BTC, termed “mega whales,” have been accumulating since March.
• The Accumulation Trend Score for mega whales has reached approximately 0.7, indicating strong accumulation.
• Mid-sized holders (10 to 100 BTC) have a score of 0.5, suggesting a potential shift towards accumulation.
• The Bitcoin price remains stable around $84,500 amid these trends.

Mega whales continue to accumulate Bitcoin with a trend score of about 0.7, while mid-sized holders show signs of shifting towards accumulation with a score of 0.5.