I just looked at Santiment's on-chain data, and the whales have been quite active this weekend. On Sunday alone, they bought 27,652 Bitcoin, which is over 2 billion USD just for this purchase, pushing the whales' total holdings back to 4.25 million BTC, the highest in nearly two months. When these big players move, the BTC price immediately reacts, and it’s now around 77.75K, with a weekly increase of nearly 5%.

Interestingly, these whales were actually selling earlier, but since mid-March, they've been gradually buying back. Now, with this accelerated accumulation, it seems they still have confidence in the market's future. I’m thinking there are similar signals for Ethereum as well; the number of large wallets has also been increasing recently, indicating that not just Bitcoin, but the entire market's big funds seem to be quietly positioning.

But be cautious, these whales can flip their stance at any time. In February, they also bought aggressively, only to turn around and sell. So, how BTC's price will move next still depends on their actions.