Summary
- Whale investors' Bitcoin (BTC) holdings have reached their lowest level since 2019.
- IntoTheBlock reported this as the lowest level in six years.
- The decrease in whales' total BTC holdings is expected to have a notable impact on the market.
Bitcoin (BTC) holdings by 'big hands' whale investors in virtual assets (cryptocurrencies) have reached their lowest level since 2019.
On the 8th, blockchain analytics company IntoTheBlock announced via X (formerly Twitter) that "the total amount of Bitcoin (BTC) held by whales has fallen to its lowest level since 2019, marking a six-year low."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
