Bitcoin Whales Accumulate Near $64,000

Bitcoin whales have been on a buying spree for the past five days. These major holders are picking up supply around the $64,000 mark, showing confidence even as the broader market remains uncertain.

Despite this strong buying activity, the price has failed to break out cleanly. Exchange inflows have spiked recently, which suggests that other traders are moving coins onto platforms to sell. This influx of supply creates enough selling pressure to keep Bitcoin trapped within its current price channel.

Traders are now watching to see if whale demand can eventually overcome these sell orders. If the accumulation continues, Bitcoin might finally gain the momentum needed to push past current resistance and start a new trend.