Analysts note that large Bitcoin holders, known as whales, are actively accumulating cryptocurrency in anticipation of price increases associated with upcoming changes in mining.

Bitcoin Accumulation by Whales Ahead of Halving

Whales are actively trading on spot exchanges, indicating their intent to buy more Bitcoin before the upcoming halving. This pattern is similar to the one observed by experts after the pandemic crash in 2020.

Reasons Behind Large Investor Behavior

A potential reason for this behavior is whales' preparation for Bitcoin halving. As the reduction in rewards for mining new blocks usually leads to price increases due to supply cuts, large holders are keen to acquire as many coins as possible before the halving.

Long-term Strategies and Whale Impact

Thus, by increasing their holdings, whales are preparing for a possible post-halving rise in Bitcoin's value. Their activity on spot exchanges, where there is an increase in their holdings, suggests they are focused on long-term prospects and aim to capitalize on subsequent market changes.

In view of the data on whale behavior, it is expected that they will continue their strategy of Bitcoin accumulation to benefit in the long term, especially in light of the upcoming halving event.