A prominent whale wallet has made a significant investment in Bitcoin (BTC), increasing its holdings by nearly six percent and potentially signaling bullish market sentiment. The transaction, valued at around $24 million and reported on November 15th, saw the whale purchase 251 BTC over a period of six hours. This brings their total to 4,169 BTC, according to blockchain analytics platform Arkham Intelligence. The wallet’s owner remains anonymous but is considered influential in the market by Lookonchain, a blockchain analytics provider. The move coincides with Bitcoin’s ongoing uptrend, prompting some analysts to interpret it as a bullish signal for potential price increases.