Bitcoin Whales Hit Six-Month High as Price Remains Range-Bound

Bitcoin's largest holders have increased their share of circulating supply to a six-month high. According to recent data, 90 wallets now hold at least 10,000 BTC, indicating that stronger hands are accumulating in the market.

The growing whale concentration is supported by a falling NVT ratio, which suggests improved transaction value relative to valuation. However, despite this bullish signal, Bitcoin's price remains range-bound between $62,398 and $65,551.

A clear breakout above $65,551 is needed to confirm bullish momentum, but liquidity clusters near resistance add pressure, making the next price move critical for a potential rise toward $70,000 or a fallback to lower supports.