With bearish pressure growing in the market, Bitcoin seems to have entered a period of consolidation after rallying for several weeks. Over the past few days, the flagship asset has been hovering between the $103,000 level and the $107,000 threshold. During this recent upward trend, key market players have maintained a bullish sentiment toward BTC.

Whale Investors Stock Up On Bitcoin

Bitcoin has not fully lost its upward momentum, considering its position beyond the $100,000 price mark. As the flagship asset slowly regains momentum, on-chain data reveals that the number of BTC held by large holders, known as “whales,” has been steadily rising.

These deep-pocketed investors are quietly expanding their holdings following a shift toward bullish movements that led to a new all-t

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