Bitcoin Whales Accumulate: What Does It Mean for Price in the Coming Months?

A recent analysis from cryptocurrency analytics firm Alphractal sheds light on a surge in Bitcoin accumulation by long-term investors, raising questions about its impact on price trends in the coming months. The firm’s assessment reveals that long-term holders (LTH) now control 72.48% of circulating Bitcoin supply, while short-term holders (STH) hold just 27.48%. This shift in ownership structure suggests a renewed accumulation trend that could significantly influence the market’s trajectory in the near future.