Bitcoin Whales Accumulate Massive Holdings, Signaling Potential Price Surge

Recent data reveals a surge in holdings of substantial Bitcoin (BTC) wallets, known as ‘new whales’. These newly formed addresses holding at least 1,000 BTC have seen their total holdings more than double over the past three months. This represents a significant increase in control, with these ‘new whales’ now holding an amount equivalent to nearly 10 months of Bitcoin mining output. 📚