Bitcoin Hits $65.4k Amidst Whale Activity and Dormant Wallet Movement

Today marks another milestone for Bitcoin as its price surges to a high of $65.4k, according to data from CoinMarketCap. Behind this upward momentum lies intriguing insights into whale behavior and a surprising movement from a long-dormant wallet.

Whales, those holding substantial amounts of Bitcoin, have been actively accumulating during market dips, as indicated by data from intotheblock. 

Whales are buying the dip, but is their conviction dwindling?