Growth
Bitcoin Whales Accumulate BTC Despite Price Struggles
Large market participants, known as whales, have accumulated over $770 million worth of Bitcoin (BTC) through 40 newly created addresses since October 1. Whales resumed accumulation after months of selling, purchasing nearly 89,000 BTC in one month, raising their total holdings to over three million BTC. Despite these buying activities, Bitcoin's price has struggled, recently dipping below $82,000 after being rejected at $87,000.