Bitcoin Whales Show Long-Term Commitment as Price Holds Above $122K

Despite short-term price drops, Bitcoin whales are demonstrating their unwavering belief in the market by accumulating large amounts of BTC. Recent on-chain data reveals a surge in whale activity, with several prominent wallets having moved substantial quantities of Bitcoin within the past 24 hours. This suggests they are strategically holding onto assets for long-term gains rather than short-term speculation.