Growth
Bitcoin Biggest Holders Accumulate BTC
Bitcoin's price fell below $81,400, but large holders have accumulated approximately 88,987 BTC in the past month, raising their total holdings to over 13.69 million BTC. Despite the accumulation by whales, rising borrowing costs and narrowing valuation premiums are reducing corporate treasuries' incentives to increase Bitcoin holdings. Institutional demand is weakening, with spot BTC ETFs experiencing significant net outflows in October, indicating a shift towards a more mature asset-allocation-driven phase for Bitcoin.