Bitcoin whales have been observed increasing their activity, particularly on the BitMEX and Deribit exchanges, indicating anticipation and strategic positioning in response to market dynamics. In the last two weeks, around 10 Bitcoin whales, each holding a minimum of 1,000 BTC, have entered the network, leading to speculation about diversification or increased holdings. The current price of BTC is $29,379, with a slight drop of 0.39% in the past 24 hours. The article suggests that this influx of substantial holders may signal an upcoming breakout.
AI Sentiment: Positive
