Table of Contents

● Over $3 billion worth of BTC has been bought by whales since the start of 2024.

● Raoul Pal has shared a bullish insight on Solana as SOL gears up for a rally to $113.

● NuggetRush has emerged as a potential 10x coin thanks to its revolutionary impact gaming model.

Although the ETF impact on crypto prices was majorly negative, the report shows that whales are still anticipating a bull market. IntoTheBlock has reported BTC accumulation of over $3 billion since the start of 2024.

As bulls anticipate a bull market, top crypto analysts have predicted significant rallies for Solana (SOL) and NuggetRush. Let’s find out how these top altcoins will perform in the coming weeks.

>> Buy NuggetRush Now <<

Bitcoin (BTC) Whales Continue Amassing Despite Downtrend

The crypto market saw its biggest decline in more than a year after the SEC decision on Bitcoin ETF. However, despite the steep downtrend, data shows that Bitcoin whales still believe in an uptrend happening in 2024.

A total of 76,000 Bitcoins have been accumulated since the start of the year, according to data from IntoTheBlock. The crypto analytics firm also reported that whales have been on an accumulation spree since April 2023.

An increase in accumulation often correlates with a Bitcoin price rally. So, while Bitcoin might range around the $42,000 level due to the recent downtrend, whales expect a major price upswing soon. A major contributory factor to this is the upcoming Bitcoin halving happening in less than 100 days.

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Author: Crypto Daily

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