Bitcoin Whale Activity Surges: Bull Run on the Horizon?
Bitcoin's network is experiencing a spike in whale transactions, hitting new highs, as large investors transfer or accumulate significant amounts of BTC. According to Santiment, around 11,697 transactions exceeding $100,000 were recorded, marking the highest level in over 10 weeks. This rise in whale activity signals that major players may be positioning themselves for a potential rally.
At the same time, social media buzz about Bitcoin has surged, surpassing discussions around altcoins. While there are bullish indicators, experts caution that profit-taking might delay the rally. However, long-term trends remain positive.
Crypto trader Ether Nasyonal has predicted that this Bitcoin cycle's bull run could outperform previous ones, citing a longer accumulation phase, which could lead to a more significant parabolic wave.
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EZ_money : sell your coins CBDCs coming backed up by gold
EZ_money : i see way more retail buying