Bitcoin whales just bought the most BTC since 2013 – so why is the price stuck below $80,000?
CryptoSlate
Large Bitcoin holders are accumulating supply at record rates, creating a potential squeeze that could lead to sharp price movements if demand returns.Summary
Significant whale accumulation—totaling 270,000 BTC over 30 days—coupled with exchange reserves hitting levels not seen since 2017, indicates a tightening supply of Bitcoin. While price growth has been hampered by macro-economic uncertainty and inconsistent ETF inflows, this structural shift suggests that even modest increases in demand could trigger abrupt upward price movements due to a reduced supply of readily available coins.
(Source：CryptoSlate)