The recent surge in Bitcoin's price, which has now surpassed an impressive $113,000, demonstrates the cryptocurrency's resilience, even in the face of significant whale selling activities. These large-scale investors, often referred to as "whales," typically have the power to influence market trends; however, their attempts to offload substantial amounts of Bitcoin have had little impact on the ongoing bullish momentum. Instead, this price increase highlights the growing demand and enthusiasm among broader cryptocurrency investors, suggesting that Bitcoin's upward trajectory remains firmly intact despite efforts to cool its rapid ascent.
source: https://blocknews.com/whale-selling-cant-cool-down-bitcoins-fire-as-price-pushes-past-113k/