In a remarkable turn of events, Bitcoin's price has surged past the $98,000 mark, prompting significant accumulation by cryptocurrency whales. Over the past 48 hours, these large holders have amassed more than 70,000 BTC, valued at approximately $7.28 billion. This surge in price and accumulation activity highlights a growing confidence among major investors in Bitcoin's long-term potential.

The recent price movement follows a period of volatility, during which Bitcoin briefly dipped below $93,000 after reaching an all-time high of around $108,000 in December 2024. The swift recovery and subsequent accumulation by whales suggest a strategic shift…