"Whales Accumulate 129,000 Bitcoins in Two Weeks... Buying Speed Accelerates"

Source
JOON HYOUNG LEE

Summary

  • It was reported that whales have purchased approximately 130,000 Bitcoins in the past two weeks.
  • It was stated that the buying speed has accelerated significantly over the past two days.
  • This is the fastest accumulation speed since the end of August last year, indicating that the confidence of whales in Bitcoin is growing.

It has been revealed that whales (large investors) have purchased approximately 130,000 Bitcoins (BTC) in the past two weeks.

On-chain analytics firm Glassnode stated on the 27th via X, "Looking at the 30-day holding change of whales, they have additionally purchased a total of 129,000 Bitcoins since the 11th of this month," adding, "The buying speed has accelerated significantly over the past two days."

Glassnode said, "This is the fastest accumulation speed since the end of August last year," and "It shows that the confidence of whales in Bitcoin is growing again."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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