Bitcoin's rally to a new all-time high, and the subsequent consolidation suggests that the bulls are not rushing to the exit as they anticipate another leg higher. According to an X post by Santiment, the rise has been supported by the Bitcoin whales holding between 1,000 and 10,000 Bitcoin who have “accumulated 266K more $BTC since the start of 2024.” It is not only the whales who are buying. The spot Bitcoin exchange-traded funds have enabled traditional finance companies to invest in Bitcoin. Bloomberg analyst Eric Balchunas said in a X post that two United States financial advisers invested $20 million each in ... (full story)