Bitcoin whales now in buying boom: Glassnode

Bitcoin (BTC) whales are actively buying, according to an X post by Glassnode. Currently, whales holding more than 10,000 BTC showcase a "near-perfect" trend accumulation score by cohort of around 0.9, while whales with 1,000-10,000 BTC score roughly 0.7. Moreover, whales owning 100-1,000 BTC are also shifting to a more accumulative status, achieving a score of about 0.5. "So far, large players have been buying into this rally," Glassnode highlighted.