Bitcoin Holdings by Whales Reach Record High, Analysis Suggests Potential Growth

According to Odaily, data disclosed by Cryptoquant analysts reveals that whales currently hold approximately 670,000 Bitcoins, marking the highest value in history. Analysts believe that Bitcoin often experiences a sideways trend or moderate local price declines during this accumulation phase. This period can be described as the calm before the storm in the mid to long term. The true surge in Bitcoin's growth typically begins after whales gradually reduce their holdings until a negative percentage change is reached.