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Bitcoin, Large Investors Purchase 1.5 Billion Dollars Worth of BTC Amidst Price Drop

Source
Son Min

Summary

  • As the price of Bitcoin (BTC) temporarily dropped, it was reported that large investors made significant purchases.
  • On this day, large investors reportedly purchased approximately 1.5 billion dollars worth of Bitcoin from the market.
  • Currently, Bitcoin is heading towards 100,000 dollars.
Source=CryptoQuant
Source=CryptoQuant

As the price of Bitcoin (BTC) temporarily dropped, it was reported that large investors made significant purchases. On the 28th (local time), Cointelegraph reported that "large Bitcoin investors purchased approximately 1.5 billion dollars worth of Bitcoin from the market," and stated that "currently, Bitcoin is heading towards 100,000 dollars."

#Bullish
#On-chain Data
#Analysis
Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

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