Whales holding more than 1,000 BTC have accumulated 16,300 Bitcoins in the past 7 days
Bitcoin is approaching the $60,000 mark, and the largest "whales" who hold at least 0.1% of the supply have not yet started accumulating and even reduced their holdings slightly yesterday. Historically, a large amount of positive flow associated with these addresses precedes positive price fluctuations. However, addresses holding over 1,000 BTC have been buying the dip, increasing their accumulation speed since the drop. These addresses have accumulated 16,300 BTC in the past seven days, worth nearly $1 billion at current prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Breaks Records as $4B Expiry Test Looms: What’s Next?
Musk: I'm beginning to think that the Department of Government Efficiency (DOGE) has real potential
The total market value of stablecoins increased by 2.46% in the past week