Bitcoin whales have begun massive BTC buying movements, signaling the re-entry of market participants into the accumulation phase. 🐋 According to a tweet from blockchain analytics platform Santiment, large investors holding 1,000 to 10,000 BTC accumulated more than $941 million of the asset in the last 24 hours. 😲

The accumulation of BTC whales increased their total stock by 15,121 BTC, which reached the highest level in the last two weeks. Santiment stated that this move shows the whales' confidence in the Bitcoin market. 📈

Currently, the cryptocurrency ranges between $60,000 and $64,000 and has been trading at that level for weeks, providing investors with the opportunity to buy the dip while waiting for the peak of the bull cycle.

The latest move by Bitcoin whales marks the beginning of a post-halving reaccumulation phase that will last weeks before the bulls take over.

What does it mean? We are waiting your comments! 👇