Opinion: Over the past two weeks, the "Whale" level Bitcoin whale group has accumulated an additional 68,030 BTC

November 21st. According to analyst Murphy, during the past half month from November 4th to November 20th, the primary distributing force within the whale group has originated from wallets holding less than 100 BTC. For instance, wallets holding 10 to 100 BTC collectively sold 24,911 BTC. On the contrary, the main accumulating force came from the largest group, namely the super whales holding 10k to 100k BTC, and they collectively acquired 68,030 BTC. This group began continuous distribution after reaching a peak in holding in July of last year. It was not until mid-October of this year when BTC fell below $106,000 that they resumed accumulation. The actions of whales suggest that they believe the current BTC price has reached a certain level of value. However, their accumulation may not immediately prop up the secondary market price. Based on historical data, whale behavior is often a process rather than always buying at the lowest point and selling at the highest point. But in the long term, they are rarely incorrect.