Despite recent signs of bearishness in the #cryptocurrency market as a whole, #Bitcoin is displaying patterns that could change the outlook for the leading #DeFi asset as well as the market as a whole, especially with regard to its largest holders.

According to the chart pattern analysis shared by cryptocurrency market intelligence platform Santiment in a tweet on June 11, Bitcoin has been experiencing a bullish divergence between its accumulating whales and declining prices, in which whale #holdings have been rising by about 1,000 BTC/day.

Indeed, as the price of the digital asset has fallen 10% since April 9, the #whales, or cryptocurrency wallets that own between 100 and 10,000 BTC, have increased their holdings by 57,578 BTC, causing this positive divergence and predicting "a strong rebound can occur,"