Bitcoin whales are increasing their positions: large transfers reach a two-month high

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Data from the Santiment analytics platform indicate increased accumulation in the wallets of large Bitcoin holders. Whales, each owning at least 1,000 BTC, collectively purchased 104,340 coins in the recent period, representing a 1.5% increase from their total assets.

At the same time, the intensity of large transactions is rising. The volume of daily transfers exceeding $1 million has returned to levels not seen in the past two months. This phenomenon signals a notable activity among major investors and demonstrates a renewed interest in accumulating positions.

This whale behavior is typically viewed by the market as a bullish signal, as large participants often act based on in-depth market analysis and long-term forecasts. The simultaneous resurgence of large transaction volumes reinforces this signal, indicating growing optimism among institutional holders and experienced traders.

BTC3,6%
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