Bitcoin Whales Buy $4.7 Billion BTC in A Month; Price Rises To $87,400

Bitcoin’s price recently hit a monthly high, surpassing $87,000 and marking a notable rise for the crypto king. This rally is attributed to favorable macroeconomic conditions and the increased conviction of key investors.   Despite this growth, long-term holders’ profits have dropped to a two-year low, signaling a more cautious outlook among certain market participants. Bitcoin Whales Remain Bullish Whale and shark addresses, which hold between 10 and 10,000 BTC, have been actively accumulating Bitcoin at lower price levels source: https://beincrypto.com/bitcoin-whales-buy-price-rises/