Bitcoin Whales Resume Accumulation: Is a Rally Imminent? (CryptoQuant)

Description

The crypto market is recording a surge in bitcoin (BTC) inflows to whale wallets, indicating that this cohort of investors has begun to accumulate the digital asset again amid the recent downturn. Analysts at the market intelligence platform CryptoQuant see a substantial inflow of BTC into whale addresses as the act of storing BTC in custody wallets after over-the-counter (OTC) purchases. This means the whales that are currently accumulating are likely buying from OTC vendors because institution...