Bitcoin whales and sharks accumulated 71,000 BTC over the past three weeks when the asset’s value has remained largely “boring.” US entities have increased their exposure to the flagship asset during this period. The high accumulation rate by these top holders suggests a high conviction fueled by traditional institutional firms’ flurry of Spot ETF applications. BTC Whales Add $2.15 Billion in 3 Weeks Data from blockchain analytical firm Santiment showed that addresses holding between 10 and 10,000 BTC have been very busy in the past few weeks. Since June 17, these addresses accumulated over 71,000 BTC worth $2.15 billion. BitcoinGo to Source
Author: coinmaker