💵💵💵The price of #bitcoin has cooled after rising to as high as 71,000 $USD following news of $ETH ETF approval last week.🪂

⛷️⛷️⛷️⛷️Interestingly, Bitcoin whales seem to be waking up from their slumber as they have loaded their pockets with a significant amount of $BTC over the past few days. Could the return of whale appetite push #bitcoin to a new record high price ?

🐬🐬An analyst with the nickname Quicktake shares that whale #bitcoin is showing increasing buying demand and is active in the market.

🐬🐬The metrics analysts look at are total whale holdings and a moving average that tracks the 30-day percentage change in balance.

🧐🧐In Quicktake's post, the on-chain analyst noted a recent increase in the monthly percentage change of whale addresses and a steady increase in total whale balances.

#binance #bitcoin $BTC