Best Crypto to Buy Now as Bitcoin Whales Accumulate 300% of New BTC Supply
Bitcoin’s wealthiest holders are accumulating $BTC at a rate faster than it’s being created, signalling an optimistic sentiment among smart money players.
Despite macroeconomic uncertainties, Bitcoin whales (those holding 100–1,000+ $BTC) are absorbing the asset at record rates – over 300% of its issuance rate.
It’s a product of Bitcoin’s scarcity effect, sparked by the 2024 Bitcoin halving, alongside an increased appetite for Bitcoin due to a more favorable regulatory environment and growing acceptance among institutions and governments.
Spot Bitcoin ETF products have also provided a rail for institutions and whale investors to access the asset more easily.
Strong whale interest often acts as a precursor to a bullish rally,…
