Bitcoin is demonstrating price stability as it remains above the $65,000 level. This stability follows a period marked by volatility and bullish sentiment in the market.
Recent data from Santiment highlights a trend where Bitcoin whales, or large investors, have increased their activity over the past two weeks. This suggests that these bigger players are accumulating Bitcoin, potentially signaling a strong confidence in the market's future.
In contrast, retail investors appear to be shrinking, possibly indicating a shift in market dynamics and pointing to increased strength within the Bitcoin market as larger investors take the lead.
