Despite the recent price swings that bitcoin experienced, including pumps and dumps by $2,000 within just a few days, BTC whales seem undeterred, and their total number has jumped to a local peak of 1,611 (according to Glassnode).
In comparison, those large investors were less than 1,570 in May this year when the valuation of the leading digital asset was predominantly hovering around the $26K-$27K level.
