CoinDesk analyzed that the buying pressure from BTC whales is strengthening again. The outlet explained, "Both on-chain data and ETF fund flows show a recovery in demand from institutional and large investors, partially offsetting market concerns due to the delay in the Clarity Act. In fact, whale wallets holding 10 to 10,000 BTC have accumulated more than 20,000 BTC since July 29, worth approximately $1.2 billion. This accumulation occurred while BTC repeatedly fluctuated within the $65,000 range." It added, "Conversely, retail investors are selling, showing a movement opposite to large investors. As whale accumulation and retail selling continue, the likelihood of BTC surpassing $70,000 rather than falling below $60,000 is increasing."
