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Whales drive Bitcoin market: $267M BTC on the move

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Despite significant volatility, Bitcoin [BTC] whales appear to be capitalizing on the current sentiment by heavily accumulating coins.

CryptoQuant CEO Ki Young Ju also noted that whales are accumulating Bitcoin and we’re in the middle of the bull cycle.

also shared data supporting the same perspective on Bitcoin whales. In a post on X, Ki Young noted that whales are accumulating Bitcoin. Despite the significant accumulation and the bullish outlook of whales, Bitcoin remains steady and has been consolidating between $58,000 and $60,000.

 

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