Bitcoin whales accumulate 54K BTC worth $4.66B as market trades sideways
Crypto Briefing
Bitcoin whales rapidly accumulated 54,000 BTC worth $4.66 billion in one week, the fastest rate since 2012.Summary
Major Bitcoin investors, or whales, have demonstrated renewed confidence by accumulating 54,000 BTC, valued at approximately $4.66 billion, within the last week. This marks the fastest accumulation pace observed among large holders since 2012. This significant buying activity is occurring even though Bitcoin's price action has been sideways, trading generally between $85,000 and $93,000 over the past month, with the asset priced around $87,300 at the time of reporting. This aggressive accumulation by large addresses suggests potential underlying bullish momentum despite current market uncertainty.
(Source：Crypto Briefing)