Despite the correction in Bitcoin, whales have accumulated over 65 thousand bitcoins in the last 30 days. This indicates high buying pressure from large network participants.
Although it may not have an immediate effect on the price in the short term, it shows that it is being absorbed by large participants, excluding miners and exchanges.
If this pattern continues for a few more weeks, it will indicate a continuous buying pressure similar to that in November and December.
Although it may not have an immediate effect on the price in the short term, it shows that it is being absorbed by large participants, excluding miners and exchanges.
If this pattern continues for a few more weeks, it will indicate a continuous buying pressure similar to that in November and December.