Bitcoin accumulation addresses, held by large holders or "whales," have seen significant inflows in the past week despite recent price struggles. Data from on-chain data provider CryptoQuant shows that on February 4, these whale addresses acquired 31,226 BTC ($3 billion) through massive inflows. Market intelligence firm Santiment also confirmed the growing accumulation trend, noting that addresses with at least 100 BTC have increased by 135 in February alone. Small retail traders have been selling their BTC during market fluctuations, while whales continue to buy and accumulate more of the cryptocurrency. Santiment believes that a bullish drive may be on the horizon, although it might take a few weeks or months to materialize. Bitcoin is currently trading at $98,266, down 6% in the past seven days.



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