🚀🎉 Bitcoin enthusiasts, hold onto your hats! Large investors, or as we like to call them, "sharks" and "whales," have been gobbling up BTC during market downturns and selling during market upswings. 🐋💰

Data reveals that Bitcoin wallets holding at least 10 BTC have seen a significant increase in the past five months, adding a whopping 154,560 BTC! 📈💼

This accumulation started amidst a market decline in October 2019, sailed through the COVID scare, and continued into early 2022, pushing BTC to a new all-time high above $60,000. 🚀🌕

However, mid-2022 saw a mass dumping as US interest rates wreaked havoc on all markets, dragging BTC down below $17,000. 😱💔

But fear not! Aggressive sharks and whales started accumulating again in December 2023, likely in anticipation of increased institutional investment, especially with the approval of spot Bitcoin ETFs in January this year. 🏦💸

The addition of 154,560 more BTC over the past five months indicates significant accumulation by large investors. Typically, this precedes a bullish phase with rising market prices. 📈🐂

On the flip side, when these big players start to offload their BTC, it often signals the onset of a bear market. 📉🐻

Interestingly, 50% of BTC’s total supply from long-term holders (1-2 years) has remained inactive for over a year, suggesting a reluctance to sell for quick gains. 💼🔒

So, what does all this mean? Experts predict that we could be on the cusp of a fresh peak between October 2024 and March 2025. So, keep your eyes peeled, Bitcoiners! 🚀🌕