Bitcoin whales have significantly increased their holdings, hoarding a total of 2 million BTC. This trend has largely been facilitated through institutional accumulation via self-custodial services, reflecting confidence in the cryptocurrency's future.
The substantial stake held by these whales might indicate a potential market bottom, as such accumulation often precedes positive price movements. Investors and traders are closely monitoring these activities for signs of market trends.
With 2 million BTC held by influential players, the question is whether this concentration signifies stability or volatility in the market.
