Bitcoin has reached a new three-month peak, with its price nearing $69,000 and currently around $67,768. This surge comes as Santiment, an on-chain analysis platform, reports a significant increase in whale activities.
In just two weeks, 297 new wallets, each holding over 100 BTC, have been created. This indicates substantial interest from major players in the market.
Meanwhile, smaller wallets are dwindling, suggesting a possible consolidation of funds among larger investors, raising questions about the role of retail investors in the current market dynamics.
