Bitcoin Whales Return in Force, Buy the BTC Price Rally, On-Chain Data Show

The price of bitcoin (BTC) price has recovered to $94,000 since hitting lows under $75,000 early this month. The surge is characterized by crypto whales, large investors with substantial capital, snapping up coins from the market, in activity seen as confirming the rally.The renewed demand from whales is evident in Glassnode's proprietary Accumulation Trend Score, which reflects the relative size of entities actively soaking up new coins on-chain. A score of 1 indicates that, on aggregate, the entities are accumulating, while a value close to zero suggests otherwise source: https://www.coindesk.com/markets/2025/04/25/bitcoin-whales-return-in-force-buy-the-btc-price-rally-on-chain-data-show