Bitcoin Whale Accumulation Accelerates As Exchange Supply Falls
3 Articles
3 Articles
Bitcoin Whales Add 43,000 Bitcoin in 60 Days
Bitcoin whales have added about 43,000 Bitcoin over the past 60 days, worth roughly $2.75 billion at current prices, according to CryptoQuant. Kavita Gupta, founder & general partner of the Delta Blockchain Fund, says she sees a movement of Bitcoin, rather than buying of Bitcoin. She joins "Bloomberg Crypto." (Source: Bloomberg)
Bitcoin’s large portfolios resumed accumulation after months of sales and added about 43,000 BTC in the last 60 days, according to CryptoQuant’s data. The signal feeds expectations that the market might be forming a floor, although analysts warn that low participation and weak volume still limit the possibility of a wide recovery. *** Bitcoin whales added about 43,000 BTC in 60 days, valued at approximately $2.75 billion at current prices. The a…
Bitcoin Whale Accumulation Accelerates As Exchange Supply Falls
Bitcoin whale accumulation is strengthening as some of the market’s largest holders continue adding BTC while exchange balances and trading activity decline. The latest signal came from a previously unknown wallet that withdrew 2,782 BTC, worth roughly $177 million, from Bitstamp and transferred the coins to an unidentified address. The transaction adds to a broader divergence developing across the Bitcoin market. Large holders have accumulated …
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