7 Jul 24 - 🐋 Bitcoin mega whales are back, leveraging market volatility to amass BTC. Recent on-chain data shows these large holders have accumulated 212,450 BTC in six weeks, pushing their total holdings to a 6-year high. Smaller whales have also been buying, with wallets holding 10+ BTC hitting an all-time high. Bitcoin's price has rebounded by 4.5%, reaching $56,500, fueled by $143M inflows into spot ETFs. This accumulation by whales and institutional interest suggests a bullish outlook for BTC's future.
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