Bitcoin has recently witnessed a notable trend: while smaller traders have been offloading their holdings, large institutional and individual investors—commonly known as whales—are significantly increasing their Bitcoin positions. This divergence in market behavior is reshaping Bitcoin’s supply dynamics and influencing price trends amidst broader market uncertainties.

The Rise of Bitcoin Whale and Shark Wallets

Recent data from Santiment, a leading market intelligence platform, reveals a substantial uptick in Bitcoin whale and shark wallets during July 2024.&middot

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