Bitcoin Zilla scooped up BTC as prices are near record highs with signs of growth expectations

Bitcoin

An investor already exceeding 10,000 BTC, Whale is even more confidently buying the biggest cryptocurrency with a sign of confidence, even though its prices are just a few percent below about $112,000.

Whales have moved into aggressive accumulation mode over the past few days, similar to wallets holding 1,000-10,000 BTC. However, according to GlassNode’s trend accumulation score, smallholders appear to be reducing their exposure.

Whales are often considered “smart money.” Small investors range from Sub-1 BTC wallets to those holdings 10-100 BTC, selling or distributing their holdings over the past few months.

The contrast shows the potential transfer of coins from retail to institutions or luxury investors, as Bitcoin prices are located at around $109,000. The accumulation trend score confirms that strong purchase interest began construction shortly after Bitcoin reached its local low of nearly $76,000 in mid-April.

This further demonstrates that accumulation of whales near record price levels is a bullish signal and could be positioned for future growth.