**Bitcoin Whales Remain Optimistic, Positive Net Inflow for 4 Months! đ**
- Despite the slowdown in Bitcoin (BTC) accumulation by whales, weekly net inflow has remained positive for nearly four months.
- Data from IntoTheBlock shows a peak weekly net inflow of 27K BTC (around $1.7 billion) in June, followed by 19K BTC ($1.2 billion) in July, 18K BTC ($1.13 billion) in August, and 9K BTC ($556.9 million) in September.
- The last time negative net flow occurred was in May.
**Bullish Signals from Whales**
- Bitcoin whales are known to be important market signals. Sustained positive net inflows indicate their confidence in the future value of BTC.
- However, it is worth noting that the rate of whale accumulation has slowed compared to earlier this year.
**Fun Facts**
- Long-term holders currently hold 12.6 million BTC, worth $793.674 billion. - This month, the number of wallets with at least 100 BTC reached a 17-month high.
What do you think about this whale optimism? Write in the comments!
