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. 

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