Since the previous ATH in March, we can observe that whales started accumulating Bitcoin again this summer.
The whales' balance continues to grow and appears to have reached a new ATH.
It's interesting to note the balance of new whales, which has increased rapidly and could also indicate that more whales have been created recently.
Even with BTC around 90k, they haven't stopped accumulating, and most are holding, which is a sign of confidence in the market.
Written by Darkfost
