On-chain data shows the Bitcoin whales have continued to purchase more even at the recent highs, a sign that could be optimistic for the rally. Bitcoin Large Holders Netflow Has Continued To See Positive Spikes Recently According to data from the market intelligence platform IntoTheBlock, the number of BTC whales has recently increased. The on-chain metric of interest here is the “Large Holders Netflow,” which keeps track of the total amount of Bitcoin flowing into or out of the wallets associated with Large Holders. IntoTheBlock defines “Large Holders” as investors…
