Bitcoin whales have ramped up accumulation, purchasing roughly $750 million worth of BTC over the past 96 hours, according to on-chain analytics.
This surge amounts to approximately 10,000 BTC being added to large-holder wallets, reflecting renewed confidence among institutional players and high-net-worth investors.
The timing is notable, as Bitcoin continues to test the $75,000 resistance level following a prolonged consolidation phase. Analysts believe such concentrated buying activity can tighten supply and potentially trigger upward momentum in the short term.
However, failure to break through this resistance decisively could keep prices range-bound. Market participants are closely watching whale behavior as a leading indicator of sentiment, with continued accumulation likely to support bullish momentum in the coming sessions.
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