šŸšØ Bitcoin Whale Accumulation HITS a RECORD 670K ā€“Is a MASSIVE BULL RUN Incoming? šŸšØ

Bitcoinā€™s recent V-shaped recovery above $67,000 has sparked excitement, but thereā€™s something even more shocking happening under the surface: Bitcoin whales are quietly stacking up BTC like never before, reaching an all-time high of 670,000 BTC in whale wallets! This stealth accumulation could be the calm before a massive storm ā€“ are we on the brink of a parabolic bull run?

šŸ’„ Bitcoin Whales Hit ATH ā€“ What Does This Mean?
According to CryptoQuant researcher BaroVirtual, the Bitcoin whale holdings have surged to a record-breaking 670K BTC, overtaking the previous high from 2020. The whales, often seen as the smart money, are now holding more Bitcoin than ever before, indicating long-term bullish sentiment.

āš ļø Could This Be the Calm Before the Storm?
BaroVirtual described this phase as the ā€œcalm before the stormā€, suggesting that while prices may seem stable now, the groundwork is being laid for a massive move. In previous cycles, whale accumulation has been a precursor to Bitcoinā€™s parabolic price rises. The last time we saw this kind of whale activity, Bitcoin rallied by 550%! Could history repeat itself?

šŸ”„ ETF Inflows Suggest Institutional FOMO is Kicking In
In addition to whale accumulation, weā€™re seeing a spike in ETF inflows, a strong signal of institutional bullishness. After a brief pullback, Bitcoin ETF inflows surged by $192.4 million on Oct. 23, despite BTCā€™s price drop the previous day.

šŸ“‰ Immediate Recovery with V-Shaped Bounce ā€“ Whatā€™s Next for BTC?
From a technical standpoint, Bitcoinā€™s price has bounced back from a low of $65,200, surging to $67,000 in a V-pattern, a bullish signal that suggests the worst might be over. But to truly confirm the bullish momentum, BTC will need to break through overhead resistance at $67,800.

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