Definition ∞ A Whale Accumulation Spike signifies a sudden, substantial increase in the acquisition of a digital asset by large individual or institutional holders, often referred to as “whales.” This event indicates that significant capital is being deployed to purchase the asset in large quantities over a short period. It typically reflects a strong conviction from these major players regarding future price appreciation. Such a spike can absorb considerable market supply and precede upward price movements.
Context ∞ Crypto news closely monitors Whale Accumulation Spikes as a potent bullish signal, often preceding significant price rallies. Analysts track on-chain movements of large wallets to identify these events, which can indicate smart money positioning. Recognizing a whale accumulation spike is important for understanding potential market turning points and periods of strong underlying demand.
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