Recent data shows that major investors are still actively acquiring bitcoin. The total balance of bitcoin whales, excluding exchanges and mining pools, has reached 670,000 BTC. This indicates a continuous expansion of holdings year after year.
Furthermore, the growth of bitcoin whale holdings is currently above its 365-day moving average. This is seen as a positive signal for the future price of bitcoin.
With other large investors also accumulating bitcoin, the cryptocurrency market continues to attract significant interest from institutional players.
