Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC. It is nearly impossible to segregate institutional investors from individual investors through on-chain data. However, the trend shows that investors with large capital are increasingly entering into the Bitcoin market despite its rally.Why are whales continuing to buy more Bitcoin? According to the analysts at Santiment, around $647 million worth of Bitcoin likely transferred from small addresses to large addresses. Addresses holding over 1,000 BTC ... (full story)