Summary
- Whale investors are reportedly continuing to purchase Bitcoin despite market volatility.
- CryptoQuant reported that the cumulative purchase volume of Bitcoin by whale wallets has exceeded 100,000 BTC since early March.
- The continued buying by these whales could act as a positive signal for the Bitcoin market.
On-chain data analysis platform CryptoQuant announced on the 11th (local time) via X (formerly Twitter) that "whales are continuing to purchase Bitcoin (BTC) without being swayed by the current market conditions."
It further stated, "Whale wallets on the Bitcoin network have resumed buying, with cumulative purchases exceeding 100,000 BTC since early March."


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.



