Bitcoin sharks and whales, large investors holding significant amounts of BTC, have been accumulating more of the cryptocurrency. This accumulation could potentially fuel a strong rally in July. On-chain data suggests that these investors have been buying the dips and increasing their holdings. A chart shows that the supply distribution of these investors has been growing in the past few months. Currently, Bitcoin sharks and whales hold 67% of the total circulating supply, indicating their strong accumulation. This positive trend is seen as a good sign for the future of Bitcoin. The article also mentions that Bitcoin is currently trading around $30,600, indicating a 1% increase in the last week.
AI Sentiment: Positive
