Bitcoin Whales Accumulate 300% of New Supply, Driving Bullish Sentiment towards $100K

Bitcoin’s wealthiest investors are showing significant bullish sentiment despite facing macroeconomic headwinds. Onchain data reveals whales and sharks now absorb Bitcoin at unprecedented rates—over 300% of the yearly issuance—while exchanges see a historic outflow. This signals a growing preference for self-custody or long-term investment strategies.