Bitcoin Whales End Selling Spree, Adding $2.9 Billion in 60 Days

After months of selling pressure that significantly impacted the Bitcoin market, large investors known as whales have reversed course and begun accumulating Bitcoin again, adding $2.9 billion worth over a 60-day period. This shift marks a potential turning point for the cryptocurrency, which has recently struggled with retail trader exodus and significant outflows from crypto investment funds. The whale buying activity is being interpreted by market observers as a possible indicator that Bitcoin may be approaching a market bottom.