Bitcoin (BTC), the world’s biggest cryptocurrency, has been experiencing a choppy market for over six months. However, recent weeks have seen a surge in interest from investors, particularly whales.
On September 10, 2024, a prominent crypto analyst revealed on X (formerly Twitter) that more than 236,155 BTC, worth $14.2 billion, were acquired by large investors over the past two months. This significant purchase indicates a renewed confidence among whales in Bitcoin's future performance.
