MVRV Murmurs & Whale‑Sized Patience: Bitcoin Might Be Brewing a Rally

Crypto markets are still stuck in a sideways shuffle, thanks to global economic jitters and geopolitical drama. On‑chain analytics firm Santiment, however, says the data is starting to hint at a possible upside.

Bitcoin has out‑performed traditional assets since early March. While the S&P 500 and gold both suffered sharp drops, Bitcoin’s comparable loss rate is being read as a “sign of strength” because of its inherent volatility.

Wallets holding 100 BTC or more have risen by 3.9 % over the past three months and by 12 % over the last year, according to Santiment. The platform notes that large whales are staying