Bitcoin Whales: US Entities Top Accumulation With 71K BTC in 3 Weeks
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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. Bitcoin
Bitcoin (BTC) whales have accumulated approximately 84,000 Bitcoin during July 2024. This is the largest monthly accumulation in the last 10 years. Reports reveal that BTC accumulation has reached to a new peak since October 2014 and crypto whales are buying the price dip to their fullest. Bitcoin whales purchased…
The richest non-exchange Bitcoin (BTC) whale continues to gobble up BTC as the largest crypto by market cap hovers near $20,000. According to data from BitInfoCharts, the whale address has added... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…