Bitcoin Whale Accumulation Signals Market Shift: Institutional Confidence Grows

A recent surge in Bitcoin whale accumulation signifies a shift in market sentiment. Data reveals that whales holding 10-10,000 BTC added 81,338 BTC over six weeks, reflecting growing confidence from institutional investors amidst market consolidation around $94,600. This aligns with the trend of long-term holders accumulating while retail wallets experience a decrease in holdings (under 0.1 BTC), potentially reflecting impatience due to price stagnation and macroeconomic uncertainties surrounding upcoming FOMC releases.