Summary
- It was reported that the number of whale addresses holding 1000 or more Bitcoin is nearing 1455 and is increasing again.
- The resumption of Bitcoin accumulation by whales is interpreted as a result of global companies' acquisitions.
- Currently, Bitcoin is trading at $109,643 on the Binance USDT market.
The number of whale addresses holding 1000 or more Bitcoin (BTC) is on the rise again.
On the 27th (local time), Glassnode reported on X (formerly Twitter) that "whale addresses have been increasing again after showing a decline at the end of April," and "the number of whale addresses holding 1000 BTC or more is nearing 1455."
The resumption of Bitcoin accumulation by whales is interpreted as a result of global companies' acquisitions. Previously, Trump Media & Technology Group expressed its intention to purchase Bitcoin worth $2.5 billion.
As of 11:26 PM, Bitcoin is trading at $109,643 on the Binance USDT market, up 0.05% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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