Yes, large investors, often referred to as “whales,” have been consistently increasing their bitcoin holdings. Whales typically include entities such as hedge funds, institutional investors, and high-net-worth individuals. Their activity in the market can have a significant impact due to the substantial volume of bitcoin they control. These investors often take advantage of market fluctuations to accumulate more assets, anticipating long-term value appreciation. Their continuous buying reflects confidence in bitcoin as a store of value and hedging tool against inflation, alongside the belief in the growing institutional acceptance and integration of Bitcoin into the financial ecosystem. Various blockchain analysis platforms have highlighted patterns showcasing accumulation trends during market dips, further lending credence to the theory that whales accumulate during periods of lower prices to increase their holdings for greater long-term benefits.
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