Bitcoin whales and sharks accumulate 47.6K BTC in December

Bitcoin whales and sharks holding between 10 and 10,000 BTC have net-purchased 47,584 BTC since the beginning of December, according to Santiment. This marks a reversal from the period between Oct. 12 and Nov. 30, when these cohorts' holdings decreased by 113,070 BTC. The analytics firm suggested that if retail investors sell while whales begin to accumulate, there is a strong likelihood of a rally similar to the one seen in September and early October.