Bitcoin whales show the largest monthly buying spree since 2012

ChainCatcher news indicates that on-chain data shows Bitcoin whales have experienced the largest buying spree since 2012 over the past month. More than 268,000 BTC were purchased in the last month. Analyst James Van Straten stated on the X platform that Bitcoin accounts holding between 100 to 1000 BTC have made some large net purchases in the past month. The net position changes of Bitcoin whales have recently remained at a highly positive level.

In the past 30 days, whales have net purchased approximately 268,441 Bitcoins, currently valued at nearly $18.6 billion, marking the largest accumulation for these holders since 2012.