The Recent Accumulation Spree of Bitcoin Sharks and Whales
Despite bitcoin’s recent price stability, BTC sharks and whales have been actively accumulating the leading digital asset. Here are the key points to note:
– BTC sharks and whales have purchased approximately $2.14 billion worth of bitcoin since June 17.
– These investors currently hold around 13.02 million BTC, which is valued at over $391 billion.
– According to Santiment’s data, 71,000 BTC has been bought by sharks and whales in the past three weeks.
This recent accumulation spree by BTC sharks and whales indicates their confidence in the long-term potential of bitcoin. They are taking advantage of the relatively stable price levels to increase their holdings significantly.
Hot Take: BTC Sharks and Whales Betting on Bitcoin’s Future
The significant purchase of bitcoin by sharks and whales suggests that they believe in the digital asset’s value and potential for future growth. This accumulation spree showcases their confidence in bitcoin’s long-term prospects and serves as a positive indicator for the market. As more big players continue to bet on bitcoin, it reinforces the idea that it is a valuable asset worth considering for investors.
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