Bitcoin large holders, known as whales, have significantly reduced their selling, shifting from a net loss of 282,000 BTC in July to just 39,000 BTC recently. This easing of selling pressure suggests accumulation and potential bullish momentum. Additionally, Vanguard's $7.5 million investment in a Bitcoin-focused company adds institutional interest. Bitcoin's price is currently consolidating in a pattern similar to one before a major 2023 rally, though bearish sentiment remains high. Experts see the current negative sentiment as a possible buying opportunity, signaling a potential upcoming rally.
Bitcoin whales are the story's subject, here is Pluang's market snapshot as of Oct 29, 2026 04:42 WIB: Among 50 major cryptocurrencies, 44 rose and 5 fell today. Notable movers include BAL at Rp16.297 (+11.14%), EOS at Rp12.649 (+8.13%), and LTC at Rp1.075.282 (+4.84%) with a 61% buy order activity on Pluang.
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