Michael Saylor Hints at Massive Bitcoin Purchase as Whales Accumulate Aggressively, ETFs See $3B Inflows.

Whales and large institutions are actively accumulating Bitcoin, with Strategy co-founder Michael Saylor hinting at a possible new investment announcement on Monday. Saylor’s tweet following the firm’s recent $555 million Bitcoin purchase at an average price of $84,785 per coin has sparked speculation among investors. Analyst RunnerXBT anticipates the new investment to be in the range of $1.4-1.6 billion, three times larger than the previous one. Strategy currently holds over 538,200 Bitcoin worth $50.5 billion, making it the world’s largest corporate Bitcoin holder. This investment strategy has influenced other companies like Japanese investment firm Metaplanet, which recently surpassed 5,000 BTC holdings to lead Bitcoin adoption in Asia. Meanwhile, whale wallets holding at least $1 million worth of Bitcoin have been accumulating, increasing from 124,000 wallets to over 137,600 wallets in April. This aggressive accumulation has helped Bitcoin’s price recovery to above $94,000. Additionally, US spot Bitcoin ETFs recorded over $3 billion in net inflows in a week, contributing to Bitcoin’s 12% weekly price increase. The market eagerly awaits Saylor’s upcoming announcement and continues to monitor whale activities and ETF investments closely for further market movements.

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