Bitcoin whales continued to accumulate in April, with the number of large wallets reaching a four-month high
ChainCatcher news, according to Cointelegraph, despite the decline in Bitcoin prices at the beginning of April, whales are still actively accumulating.Glassnode data shows that since the beginning of March, the number of wallets holding more than 1,000 Bitcoins has increased by over 60, reaching 2,107 on April 15, a four-month high. This data has returned to the levels seen during the market surge in November and December of last year.Meanwhile, Bitcoin prices have broken through the consolidation that began in early March, standing back above $87,400 on April 21 for the first time since March 28. Analysts believe that the breakout from the multi-month descending wedge chart pattern may indicate a bullish reversal, with prices expected to return to six figures in May.