Bitcoin Whales are buying in the range of $80,000.

Bitcoin Whales' Buying Strategies

According to Glassnode data, the whale group holding 1,000 to 10,000 Bitcoins has provided sustainable buying support over the past few weeks. The group's Accumulation Trend Score displays a strong value close to 1.

On the other hand, assets holding less than 1,000 Bitcoins are in a net selling position. This situation stands out as a characteristic indicating that investors are experiencing a collapse in sentiment. The Crypto Fear and Greed Index has continuously remained at "fear" or "extreme fear" levels for the past month.