Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week.
Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently
As explained by CryptoQuant author Axel Adler Jr in a post on X, the demand among the short-term holder whales has decreased since the all-time high, although it still continues to remain strong.The “short-term holders” (STHs) refer to the Bitcoin investors who have been hold