Are Bitcoin Whales Back In Accumulation Mode? On-Chain Data Suggests So - Coin Surges

Are Bitcoin Whales Back In Accumulation Mode? On-Chain Data Suggests So - Invest In Crypto News

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The price of Bitcoin has been on a tear so far in October, taking advantage of the bullish history of the month. While the premier cryptocurrency appears to have slowed down—as has the entire market—over the weekend, there is even greater optimism that the coin’s price is destined to reach new highs this month. According to the latest on-chain dat…

Are Bitcoin Whales Back In Accumulation Mode? On-Chain Data Suggests So - Coin Surges

The price of Bitcoin has been on a tear so far in October, taking advantage of the bullish history of the month. While the premier cryptocurrency appears to have slowed down—as has the entire market—over the weekend, there is even greater optimism that the coin’s price is destined to reach new highs this month. According to the latest on-chain data, relevant market participants known as whales seem to be changing their strategy, which could furt…