Research conducted by Glassnode and André Dragosch, the European research director for Bitwise, suggests that the count of ‘whales’ or network entities possessing at least 1,000 BTC surged to 1,678 in the early part of this week. This is the highest figure since January 2021. These ‘whales’ are significant players in the Bitcoin market and their investment activities can have a considerable influence on Bitcoin’s market trends. This information is crucial for those considering investing in Bitcoin or are simply intrigued by the cryptocurrency market, even though this isn’t the primary focus of the article.