Bitcoin Whales Go All-In on Rally

Bitcoin's price briefly touched $87,000 earlier this week before retracing and stabilizing near $84,000. Despite the short-term volatility, institutional and 'smart money' investors have continued to build their positions in Bitcoin.

This bullish trend indicates potential price upside and increased adoption of cryptocurrency by mainstream investors. The 'smart money' tier is comprised of savvy investors who are likely to drive market momentum.

The data suggests that these investors are doubling down on the rally, which could have significant implications for the broader market.