Bitcoin whales bought 20,000 BTC as prices fell

Bitcoin whales bought 20,000 BTC as prices fell

Bitcoin whales continue to increase their positions despite the Bitcoin correction.

According to Santiment, Bitcoin accounts with amounts from 100 to 1000 BTC have been increasing their purchase volume since the end of June. 

In the last 24 hours alone, whales have replenished their wallets by 20,000 BTC (about $1 billion). This trend indicates that they expect the price of BTC to continue to rise. 

The famous trader and analyst Michael van de Poppe hides his optimistic hopes for the next rally, despite price rebounds. 

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies

You May Also Like

1982024-02-25

DIY block scanner (Blockchain explorer): a little theory

In the last article we looked at the reasons why we might need our own blockexplorer. I note that this list is far from complete, but we will assume that we have decided - we need our own source of data about transactions and their connections with addresses.

Education, Bitcoin, Ethereum, Development,
1982021-12-07

More than half of Bitcoin investors have purchased BTC this year

According to the latest Grayscale survey, more than half of Bitcoin holders have added the cryptocurrency to their investment portfolio over the past 12 months.

Bitcoin

Latest articles from Bitcoin category