Global #Bitcoin market

The recent surge in Bitcoin's price has captured the attention of investors and experts alike. On October 11, Bitcoin (BTC) was priced at $60,318, and within just five days, it skyrocketed to a monthly peak of $67,071, marking an impressive growth of 11.19%.

The Bitcoin market is experiencing an interesting dichotomy. While large investors, often referred to as "whales," are rapidly accumulating Bitcoin, retail investor demand has sunk to a three-year low.

The recent dip in the Bitcoin market has not deterred large-scale investors, often referred to as "whales," from increasing their holdings of the leading cryptocurrency.

The Bitcoin market is experiencing a downturn, but according to some, it's prime time for big investors. While the price takes a beating, a recent report suggests whales – those holding over 10 BTC (worth over $600,000 currently) – are accumulating Bitcoin at an accelerated rate.

A significant event in the Bitcoin market has recently captured the attention of investors and enthusiasts alike. A dormant Bitcoin address, inactive for over a decade, has unexpectedly sprung to life, transferring a substantial amount of Bitcoin amidst the current bullish market trends.