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Bitcoin Whales Surge Amidst New Rally

Bitcoin Mega Whales Lead Accumulation During Price Rally

  • The Accumulation Trend Score indicates strong buying behavior from large Bitcoin investors.
  • Mega whales, holding over 10,000 BTC, have a near-perfect score of 0.9, showing significant accumulation.
  • Whales with 1,000 to 10,000 BTC have recently increased their buying activity with a score of 0.7.
  • Smaller holders (sharks) with 100 to 1,000 BTC have an Accumulation Trend Score of 0.5.
  • Bitcoin’s price recently surpassed $94,000 but has pulled back to $92,600.

Mega whales are leading the Bitcoin accumulation trend with a high score of 0.9, while the overall market shows varied buying behaviors among different investor cohorts.

Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-whales-full-force-rally-glassnode-reveals/?rand=52377
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