Bitcoin whales, pundits continued to stack throughout April, data shows
From Cointelegraph
April 21, 2025 12:50 AM:
The number of Bitcoin whale wallets holding over 1,000 BTC has surged, with 60 new wallets appearing since early March. This brings the total to 2,107, hitting a four-month high on April 15. Whales continue to accumulate, with those holding over 10,000 coins in strong accumulation territory.
Bitcoin prices are breaking out of a sideways channel, climbing over $3,000 in a day to reach $87,400 on April 21. The breakout from a multimonth falling wedge chart pattern signals a potential bullish reversal, with analysts predicting a return to six figures by May. Whales are absorbing Bitcoin at record rates.
Read more at Cointelegraph: Bitcoin whales, pundits continued to stack throughout April, data shows