well, i think the whales are storing more btc as the price keeps in a low range of fluctuation. Good opportunity for institutional investors and retail investors. No need to spend too much time on some unknown altcoins, just stay focus on BTC and ETH. Very soon the market will tell whose decision is correct.
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Yes, but these are not the same whales as we're used to! There are not a lot of bitcoin whales who are able to buy with these kind of millions. 133K BTC is almost as much as the winklevoss brothers ' total holdings (reportedly 150K btc). So I doubt it's existing bitcoin whales, unless these bitcoin whales somehow managed to make a lot of extra money that they didn't spend before.