Why Do Large BTC Addresses Keep Buying Bitcoin in the Past 3 Months?
Investors holding at least $2.9 million worth of bitcoin have purchased 27,755 BTC between mid-May and now.
Investors holding at least $2.9 million worth of bitcoin have purchased 27,755 BTC between mid-May and now.
Short-term Bitcoin holders are becoming increasingly active.
The whale's bitcoin stash has increased its USD valuation by more than 600,000% over the years.
On-chain finds that a whale holding coins from Ethereum’s launch has finally moved his $116 million holdings.
The last time BTC Sharks and Whales held over 13.02 million BTC was in mid-April this year.
The reason behind the fund transfer is not known.
The accumulation phase by Bitcoin whales is yet to evaporate despite a lackluster trading.
A dormant BTC whale transferred $11 million worth of the primary cryptocurrency after 12 years of inactivity.
A Bitcoin whale with $176 million worth of BTC woke up after more than nine years and send out $60
Market participants expect Bitcoin to soar higher if history repeats.