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Bitcoin Whales Load Up Over $789,000,000 in BTC in Less Than One Week

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by COINS NEWS 127 Views

Bitcoin Whales Load Up Over $789,000,000 in BTC in Less Than One Week

A leading crypto analytics firm finds Bitcoin (BTC) whales are re-accumulating after selling off huge amounts of the top crypto asset in the wake of FTX’s implosion earlier this month.

“Bitcoin’s whales have now spent 13 months dumping their cumulative holdings as prices have slid.

However, following a big push down in the first three weeks of November as FTX news broke, 47,888 BTC has been accumulated back in the past five days.”

Santiment also notes that the crypto markets have been showing a preference for altcoins over Bitcoin in the past seven days.

https://preview.redd.it/35y9c5bry13a1.png?2533&format=png&auto=webp&s=9b0d2c34e43338fa4fcd7561b5481cd2aba30be6

More info and Source: https://dailyhodl.com/2022/11/30/bitcoin-whales-load-up-over-789000000-in-btc-in-less-than-one-week-analytics-firm-santiment/

submitted by /u/mesutdmn
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