[Analysis] "Whales Accumulate 1,000 Bitcoins Daily... A Positive Signal"

Whales (large-scale investors) have been purchasing an average of over 1,000 Bitcoins (BTC) per day over the past five days.

Global crypto asset analysis firm Santiment reported on the 21st via X that "wallets holding more than 10 Bitcoins have accumulated an average of 1,002 Bitcoins per day over the past five days leading up to the inauguration of President Donald Trump." Santiment added, "The daily accumulation of 1,002 Bitcoins by whales is a positive signal for the Bitcoin market."

Santiment emphasized the importance of consistently monitoring the accumulation by whales. They stated, "The wallets of whales can be a crucial indicator of market direction," and stressed the importance of continuously observing accumulation data. They further noted, "If large wallets reduce their Bitcoin holdings or stop accumulating, the market could become unstable, increasing the likelihood of a correction."