Willy Woo, an on-chain analyst, took to X on April 29, 

Based on on-chain data, here’s how much unrealized profit the various Bitcoin whale and miner groups are holding right now.

Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000.

On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently.<

On-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling.

On-chain data shows the Bitcoin whales have gone on a huge buying spree in the past week, a sign that could be bullish for the coin’s value.

Here’s how the Bitcoin holdings of Michael Saylor’s Microstrategy stack up against the spot exchange-traded funds (ETFs) and other large holders.