At this point, they don't have to put that into long term holding. Because they're all aware that the halving is coming and it's just going to take a not that long until we see the price of Bitcoin goes on high again. That's why they're accumulating because they know what's about to come and that's a good strategy from them because they've been into this before and they understand the cycles that are about to come.

It's not a bad idea to accumulate. What is terrible is when you know that you should have to but you never did any action because of the fear that's in your heart knowing that it is volatile. That's not a big issue because Bitcoin's volatility has been there for a very long time and it gets more volatile every time it halves and every time it gets more adoption from the regulations. What I just don't like with these stats, they look at these accumulation rates and at the same time the dumping rate that's closely being monitored by some software or profiles in X. It's not giving that positive thought to its followers but only fear thinking that the whales are dumping.

If I had 100m dollars lying around on a bank account, hit by 5% inflation tax each year, I'd really think of moving at least 10% of that to bitcoin. Eventually more whales will enter the market because, and here's the important part, BITCOIN IS USEFUL.

It's useful to people with heaps of money, to people in countries with high inflation, to nomads, who like to move a lot, to people who want to escape oppression or war, like migrants from Russia, Ukraine, now also Israel and Palestine.

I can see only one way for bitcoin in the long run and that's up and the accumulation is going to continue. It may take another 2 years before we see a new high but eventually we will.

Perfectly right, bitcoin is still at the dip even till now that we are talking, $28,000 is very far from $68,000 all time high, which means we still have along way to go before we get to that, then before another journey begins on a ride to a new all time high after the halving event, there's more expectations on this and people are taking advantage on investing now to hodl against the future because of bull market.

Whales have nothing to do with the market trend as there's no anyone who can manipulate the market and makes the market bullish or bearish. If the market will seem to be bullish in a year or two, simply because bitcoin halving is happening and not because some big whales decide to buy a lot or sell a lot that becomes the basis of market trend.

And if we have to analyze the market well, we will know that bitcoin is not following any trend because it needs to be both bullish and bearish at a certain point. And i think there's no problem with that as whatever the price condition of bitcoin, people will see both opportunities whether its price becomes bearish or bullish.

Most of those accumulations are from investment companies, and also investors who consider bitcoin as a value buy it and store it as value.
Those who missed out on it earlier are now trying to gather all they can and since bitcoin is now being globally accepted, its a good sign that their investment is safe, if they save it for a long time without having issues of it being obsolette. And the total supply isn't enough for everyone to have 1 per person. For now, people can afford to buy as much as they can and keep it as they consider it cheap, if its price hits hundreds of thousands, it will be almost impossible to accumulate it the way they are currently doing.

It is only natural because the btc halving is near and everybody knows it. If you study the other halvings, you will see that btc price rocketed off afterwards. This halving will not be an exception and therefore people are feont running it. The other reason is the probably the war between Israel and Palestine. Gold is moving up too lately and  we also know that btc and gold move together sometimes. The investors are not blind. They see all these and buying every btc in the market because it makes sense to do so.

Bitcoin is demonstrating supply and demand. With its capped supply, those in the know are, as you mentioned, scrambling to acquire what they can. Global acceptance? The trend is upward, but is it a bubble?

The claim that long-term investing is safe needs significant consideration. Global acceptability, technical advancement, political landscapes, and economic shifts are all important. Can an asset so unpredictable and exposed to so many external pressures be safe? Accumulators are smart yet risky. Every viewpoint must be properly assessed, especially when so much is at risk.

New investors like that still don't understand how to take advantage of the moment, so they often enter at the wrong moment and also make the mistake of releasing Bitcoin when the price is low. They should see their own mistakes as an experience, instead of telling bad things about crypto to their family and also those around them and for me this kind of thing is quite strange because some new investors really don't realize the mistakes they have made in the way they invest.