Bitcoin whales made a substantial purchase of 84,000 Bitcoins in July, marking the largest monthly increase since 2014. This significant acquisition has caught the attention of market analysts.
Market trends indicate a potential bullish shift, with significant trading volumes observed. Analysts predict that Bitcoin could surge to $70,000 if the momentum continues.
The accumulation of such a large amount of BTC by whales is seen as a strong indicator of positive market sentiment among large-scale investors.
