Bitcoin sharks and whales have accumulated approximately $2.14 billion worth of BTC since June 17, despite the cryptocurrency’s flat trading between $30,000 and $31,000. These investors own around 13.02 million BTC, indicating confidence in bitcoin as a long-term asset. Other finance giants, including BlackRock, have also shown interest in bitcoin, further demonstrating bullish investor sentiment. The BTC Fear and Greed Index has consistently been in the “Greed” territory within the last 20 days. Monitoring fund holdings provides valuable insights into market dynamics and investor sentiment.
AI Sentiment: Positive
