Bitcoin's price has experienced volatility, dropping to $107,000 after hitting a new all-time high, triggering increased interest from major investors.
Whale wallet addresses holding between 100 BTC and 1,000 BTC have increased by 337 wallets in the last 6 weeks, indicating growing confidence and accumulation.
Large Bitcoin investors have acquired over 122,330 BTC in the past 6 weeks, suggesting optimism in the digital asset's long-term potential.
Whales are showing a rise in long positions and increased bullish sentiment as the market sees a resurgence in interest from institutional players.