Bitcoin Whales Load Up on BTC Amid Global Regulatory Shifts

Bitcoin whales have been quietly accumulating BTC at a significant discount since May. These large investors, holding between 1,000 and 10,000 BTC, have continued to buy despite market volatility.

The accumulation period began in early May when prices were around $80,000, and has persisted even after the price dropped by 17.25% to its current level of $66,256. In the last month alone, these whales have added 48,000 Bitcoins to their stash, bringing their total to 3.09 million.

Experts attribute this behavior to institutions practicing Dollar-Cost Averaging (DCA) rather than trying to time market entry points. These whales are likely anticipating a major market turnaround due to recent developments in global crypto regulation and technical setups.