Cryptoquant: Bitcoin Price Rally Hid a 60,000 BTC Whale Buying Spree

CryptoQuant's analysis indicates that during the recent Bitcoin price rally a single whale accumulated roughly 60,000 BTC, effectively hiding a large-scale buying spree beneath broad market strength. Their on‑chain metrics showed sizable accumulation away from exchanges, reducing available supply on orderbooks and likely reinforcing upward price pressure. The concentration of such a large position increases potential market impact and concentration risk should the holder reposition.