Bitcoin's price performance, coupled with its resilience in overcoming past challenges, has sparked optimism among investors and traders. This optimism translates into expectations of significant long-term growth for Bitcoin.
As a result, there's been a noticeable surge in the number of new large holders of Bitcoin, commonly referred to as 'whales'.
These new whale wallets are accumulating Bitcoin at a fast rate, indicating heightened confidence in the market and future potential of the cryptocurrency.