Bitcoin Whale Engages in Aggressive Accumulation..."Positive Outlook for Price Increase"
Son Min
Summary
- Over the past week, whale investors have continued accumulating Bitcoin (BTC).
- A total of 79,244 BTC have been additionally stockpiled, and their Bitcoin holdings have surpassed 13.57 million coins.
- With this accumulation trend, the possibility of a rise in Bitcoin’s price may increase.
Over the past week, aggressive accumulation of Bitcoin (BTC) by whales has continued, raising opinions that a price increase is likely.
On the 4th (local time), The Crypto Basic cited Santiment data, stating, "Recently, wallets holding 10 BTC to 10,000 BTC have been aggressively accumulating Bitcoin," and added, "A total of 79,244 BTC have been stockpiled in just the past week." They further mentioned, "As of the 2nd (local time), the total Bitcoin holdings in those wallets exceeded 13.57 million coins," and commented, "The possibility of a Bitcoin price increase may be rising."
As of 10:25 PM, Bitcoin is trading at USD 105,084 on the Binance USDT market, up 0.35% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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