Bitcoin whales add 243,000 BTC worth $20 billion in three months

Bitcoin whales have ramped up accumulation, purchasing approximately 243,000 BTC—valued at more than $20 billion—in less than three months, according to data from CryptoQuant, a blockchain analytics company widely followed in the industry. This surge in buying by large wallet holders comes after a sustained period of market uncertainty and notable selling pressure. CryptoQuant’s metrics indicate a steady decline in the volume of BTC sold by whales since July, with current trends pointing to renewed accumulation following a prolonged distribution phase. Market analysts interpret the reversal in whale activity as a potential indicator of shifting sentiment, possibly pointing to increased confidence in a bullish price trajectory for Bitcoin. CryptoQuant’s 1-Year Change in Whale Holdings indicator is now approaching the positive zone.

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