Bitcoin whales are anticipated to continue accumulating Bitcoin aggressively leading up to the 2024 halving. This behavior is motivated by Bitcoin's significant price increase to $73,750, encouraging whales to purchase $21.6 billion worth of BTC. Santiment's analysis reveals that these large holders bought 319,310 BTC over three months, while smaller holders sold off 105,260 BTC. This accumulation trend is viewed positively, signaling confidence in Bitcoin's valuation ahead of the halving.

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